North Beaver’s planning commission recently recommended approval of a New Jersey-based company’s plan to build a power plant in the township.
The plant would generate wholesale electricity for retail energy companies, who would then sell the electricity to consumers.
The electric plant would bring 500 construction jobs to Lawrence County between 2014 and 2017.
Hickory Run Energy’s subsidiary L.S. Power of St. Louis, Mo., would build the plant off Route 551 near the Mohawk Trails Golf Course along the Mahoning River. The plant would be built on 25 to 30 acres of a 55-acre plot and a six-acre substation would be built on the other side of the highway
The North Beaver Township location was chosen because it is nestled within the Marcellus and Utica shale formations. The pipeline, located in North Beaver Township, will be utilized by L.S. Power.
Once the facility is built, the company would hire about two dozen full-time employees at an annual payroll of more than $3 million.