Riverside Iron is poised to reopen to manufacture miscellaneous and ornamental steel, bringing the potential of more than a dozen jobs.
Eric S. Tessmer closed on the purchase of the business Friday from Duane Winters, who is providing $350,000 in financing.
A native of Gouverneur, Mr. Tessmer has watched the zinc and talc industries fade, along with General Motors in Massena.
“It’s sad to see those jobs go,” he said.
But he is glad to bring back what he can. [Read more...]