Union Announces Deal to Buy Georgetown Steel Mill, Could Add 300 Jobs

August 10, 2017, 11:23 am EST | Share:

GEORGETOWN, SC (WTAT-TV) — If Georgetown’s steel mill reopens it probably won’t have any problems hiring any workers. A local steel members union has struck a deal with a potential buyer.

A London based buyer has agreed to pay an average of $90,000 in wages and benefits.

Union leaders say once the mill hits full production more than 300 will be created.

“It’s going to boost the Georgetown economy tremendously,” said James Sanderson with the United Steelworkers. “A lot of things that have been scaled back will now be able to see the benefits of having these jobs here, pumping money into the economy.”

Some city leaders want to rezone the land for residential or tourism use instead. That could happen at the city council’s August 17th meeting.

If the mill is bought and restarted, union officials say production could begin by the holidays.