JSW Steel has announced an agreement to purchase Acero Junction facility in Mingo Junction, Ohio. Thanks specifically to the Trump administration economic plan, it is investing upwards of $500 million in the old Ohio steel plant that was built in 1929, instead of constructing a new facility in India.

The project is expected to generate an estimated 300 permanent jobs in a town of just 3,400 people. “We are going to revitalize that facility and that entire community,” CEO John Hritz said: