Halliburton Deal Finalized

Halliburton Deal Finalized

by WHIZ Reporter on February 7, 2012

It’s now official; the Zanesville-Muskingum County Port Authority has signed an agreement for energy provider Halliburton to move into the Eastpointe Business Park.

The agreement was signed Friday after a 60-day due diligence period, and will bring 300 jobs to the area.

Executive Director, Mike Jacoby hopes that the Halliburton deal will lead to more development deals with other big-name companies in the future.

"They’re a very big company with a great reputation, and they will probably, I hope, bring along other companies that promote goods and services to Halliburton," said Jacoby.

Upgrades will have to be made to the business park, including water line extension and rail line access; a process that Jacoby said has been in the works.

"This is just another step toward getting the deal done. it was a big step obviously, an important step, but we’re not having any big parties yet," added Jacoby.  "I mean, there is still a lot of work that needs to happen."

Jacoby said the construction process is expected to begin soon.

Halliburton is the 3rd Fortune 500 company to join the Eastpointe Business Park.