Trumbull Energy Center will “generate millions in economic activity”

The second Lordstown gas-fired power plant, the 940-megawatt Trumbull Energy Center, will generate not just power but “impressive numbers” in economic activity, The Vindicator reports. The plant “will produce $149 million in property taxes for Lordstown and Trumbull County over the next 50 years,” according to the article. Additionally, it will generate “$1.9 million in income taxes and $85 million of profit taxes for Lordstown over that span.” During the 34-month construction period, the power plant will generate $137 million in union wages, with 1 percent paid to Lordstown as income taxes. The company will spend $617 million on materials and services during construction and operation. For more, read the full article.

Economic Development, State Updates