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Rolling Mill ‘Low-ball’ Argument Continues

January 4th, 2016 by WCBC Radio

Cumberland officials took bold steps in economic development in 2015, moving efforts outside of the local government through the Cumberland Economic Development Corporation.  One of the first initiatives involves purchasing properties in the area of the former Rolling Mill.  While it’s been praised by many, others remain skeptical. A few of the property owners and those who own adjacent properties have complained about being “low balled” and even threatened during the purchase/buyout process.  Jonathan Hutcherson, Chair of the Board of the Corporation, has consistently and strongly refuted those allegations…


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