GARY | Carmeuse Lime plans to expand its Gary operations in Buffington Harbor, creating scores of new jobs.
The global producer of lime, high calcium limestone and dolomitic stone plans to develop an "engineered fuel" technology facility next to its existing Buffington Operation on the lakefront in Gary. The project is expected to result in at least 100 new jobs and $250,000 in workforce development funds, according to a city of Gary news release.
Gary is developing a new industrial park on 125 acres of lakefront land just east of the Majestic Star Casino. Carmeuse, which stores quicklime for steelmaking, flue gas treatment and construction at its nearby facility in Buffington Harbor, is pursuing the first development project in the new industrial park.
"The Redevelopment Commission approved a joint venture agreement with Carmeuse for the acquisition of 125 acres of land: half of that land will be jointly owned, through the joint venture; half is owned outright by the Redevelopment Commission," said Gary director of redevelopment Joseph Van Dyk. "As part of that joint venture, Carmeuse donated the funds necessary for the property acquisition. The land is to be developed as an industrial park that would complement existing and potential businesses while inducing further investment in the Lakefront TIF allocation area."
More details will be announced Monday.