LIMA — Cenovus has announced a $1.5 billion investment in its Ohio refineries, both in Lima and Oregon.
According to a press release, the company also plans to add 115 new jobs to its office in Dublin.
“The recent announcement by Cenovus of significant investment in North America and Northwestern Ohio is great news for the greater Lima region and for the refinery in Lima,” Allen Economic Development Group President and CEO Dave Stratton said in a press release. “This investment highlights their commitment to the Lima facility. The collaborative partnership of our state, regional and local economic development organizations tirelessly supports business growth in Lima/Allen County. Cenovus is a significant job employer and has become a tremendous, supportive community stakeholder.”
Doreen Cole, Cenovus’s executive vice president, downstream, also said in the release Ohio provides a “vital strategic location” that aided in the company’s decision to expand.
“The Lima Refinery continues to be a key asset for Cenovus, and these investments include funding for training and modernizing equipment at the facility,” said Dean Hempfling, Cenovus’s Lima Refinery general manager. “As our presence in Ohio increases, Cenovus remains committed to Lima as a responsible operator, lead employer and community partner.”
Cenovus produces oil and natural gas with locations in Canada, the United States and the Asia Pacific region.
