New Investments Will Strengthen W.Va. | News, Sports, Jobs
In the space of just hours on Wednesday, West Virginians learned that nearly $3 billion in new investment from three companies is planned for the Mountain State, bringing with it more than 1,000 full-time jobs.
The biggest announcement – and the state’s worst-kept secret in recent memory – came from Nucor, a North Carolina-based steelmaker that said it would build a new electric arc furnace and a steel mill in Mason County, slightly southwest of Parkersburg along the Ohio River.
Nucor is also considering a transshipment facility in Weirton which could create new jobs in our area.
The new plant will create approximately 1,000 temporary construction jobs and 800 full-time jobs.
Also announced on Wednesday, the first full day of the legislative session, was an agreement between the state and Canada’s GreenPower Motor Co. to lease or purchase a 9.5-acre manufacturing facility in South Charleston to manufacture electric school buses. .
The factory is expected to hire 200 workers initially, with growth to 900 in two years.
The third announcement came as West Virginia University Health System expanded its partnership with Owens & Minor Inc. to launch a health product readiness center in Morgantown. The project would create approximately 125 jobs and represent a $50 million investment in the state.
“We have proven that the rocket ride I promised the people of West Virginia is real,” Governor Jim Justice, who announced Tuesday night that he had contracted COVID-19, wrote in a statement.
“We continue to bring world-class companies to our state, as shown by three major announcements…these announcements are historic, but incredibly, they’re just the beginning. West Virginia is finally competing on the world stage, and we’re witnessing the results firsthand.
Mountain State residents are used to industrial jobs such as those that will be provided by Nucor. But how exciting is it to have a company that will provide new “green” industrial jobs. Such a development is important for the future of our economy in more ways than one.
“West Virginia has shown us that we are a business-friendly state that has a workforce ready to take advantage of clean energy jobs,” said Brendan Riley, president of GreenPower.
So lawmakers and economic development officials have momentum on their side.
They must not fail to take advantage of this to move forward.