WARREN - Charles J. Betters and his partners are expected to close on the purchase of Warren's RG Steel plant next week, Betters' attorney said today.
Purchase of the bankrupt plant was approved last month by a U.S. Bankruptcy Court in Delaware.
Jobs Ohio Project Manager Matt Cybulski said he is continuing to work closely with Betters and his partners on their plans for the former Pine Avenue factory.
"It's going to take some time," Cybulski said.
He declined to spell out specifics, but said the state agency is doing all it can to provide assistance with the purchase and the process of winterizing the mill.
Winterizing is a costly process in which the pipes are treated to prevent freezing and damage during the winter months.
He said he was awaiting cost projections and plans for the process.
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