JAMESTOWN, CA--(Marketwired - Apr 18, 2017) - Green EnviroTech Holdings, Corp. (OTC PINK: GETH) is pleased to announce that it has signed the building lease for its Carbon Finishing Plant and will start construction work immediately. The lease includes an option to utilize the total of three buildings with over 170,000 sq/ft of space for additional carbon processing lines.
"I am very pleased that we will start work on constructing our first carbon black finishing line in our centralized Carbon Finishing Plant in Ironton, Ohio," said Chris Bowers, CEO of GETH. "I would like to express my thanks to Dr. Bill Dingus for his excellent help and support in closing the deal in Ironton. We look forward to working with the local population in Ironton and to a long and very productive partnership with the LEDC."
Gary De Laurentiis, Chairman of GETH, added, "I am very proud to announce that we have secured the site for the installation of our first GETH carbon processing equipment. The State of Ohio offers a tremendously capable workforce and excellent locations for our processing plants and we look forward to working with the LEDC and the State of Ohio on additional facilities."
Dr. Bill Dingus, the Executive Director of the Lawrence Economic Development Corporation, said, "We are pleased to bring the first tenant into the former DOW Ethafoam site within only a few months of closing on that transaction. We will work with the GETH group of companies to fully utilize the site and grow the number of jobs to over 200. The LEDC is thankful to the many local and state organizations that will be contributing funds to establish the infrastructure needed to utilize the former DOW site including Jobs Ohio and American Electric Power. Additionally, we appreciate the DOW team for their partnership with LEDC to leave this legacy of opportunity to the community."
About GreenEnviroTech Holdings
GreenEnviroTech Holdings, Corp. (GETH) is a pioneer in sustainable development. Our mission is to find and implement practical, economical solutions that will clean up the environment. Our technologies will convert waste into valuable products and help to protect the planet. We will create local jobs and stimulate economic growth in the communities where we do business.
LEDC is a non-profit community improvement corporation formed with the goal of job creation and retention. LEDC offers services that include financing assistance, technical assistance, resource information, community profiles, industrial development, industrial development bonds, and site and building inventory. A partnership with the Ironton Port Authority, Lawrence County Port Authority, and the Ironton/Lawrence Community Action Organization also opens up more opportunity for future and expanding businesses.
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