Comments Off on Gov. Justice, Sen. Capito Celebrate Aurora Flight Sciences Expansion in Bridgeport, West Virginia
Aurora Flight Sciences now has plenty of additional space to spread its wings on the campus of North Central West Virginia Airport. While still attached to the main facility, this new expansion is almost an “entirely new building” and adds nearly 50,000 square feet to the existing footprint.
West Virginia Senator Shelley Moore Capito and West Virginia Governor Jim Justice were both in attendance at the event celebrating the the completion of the project. This is big news for Bridgeport and the state’s Aerospace industry, as well as providing more jobs for West Virginia.
To learn more, read the full article on WBOY’s website.
Comments Off on Harmony Grove construction to begin in 2025-’26 fiscal year
MORGANTOWN — Gov. Jim Justice and the West Virginia Division of Highways have already said construction of a $70 million bridge across the Monongahela River will begin in spring 2024.
It now looks as if construction of the new $30 million Harmony Grove interchange could begin as early as July 2025.
During Thursday’s meeting of the Morgantown Monongalia Metropolitan Planning Organization Policy Board, three Transportation Improvement Program amendments were approved.
All three pertained to the Harmony Grove project, including: $3.7 million in engineering work to be done in the current fiscal year; $550,000 in right-of-way acquisition in FY 2024-’25; and $25 million in construction in FY 2025-’26.
Both the new bridge and Harmony Grove projects, totaling $100 million based on current estimates, are intended to provide better interstate access to Mountaintop Beverage and the wider Morgantown Industrial Park area.
MPO Executive Director Bill Austin said the TIP amendments were being made at the DOH’s request.
Inclusion in the TIP is mandatory for use of federal transportation dollars. The TIP process serves as a mechanism to ensure local support for federally funded projects.
“For the DOH to use federal funds, they need to be approved by our policy board in the transportation improvement program. If the policy board doesn’t approve it, they cannot use federal funds,” Austin explained.
However, unlike most transportation projects, a majority of the funding for the Harmony Grove interchange will ultimately be generated locally.
The process was spelled out in a September 2020 memorandum of understanding between the Monongalia County Commission, Enrout Properties, and the West Virginia Department of Transportation.
The MOU explains that in addition to extending infrastructure into the expanded industrial park, increment from the creation of the MIP Harmony Grove TIF district will be used to reimburse the state for the interchange.
This is the same process the county and developer WestRidge used to construct I-79’s Exit 153. That project was completed for $22 million in 2016 and paid off by mid-2020, according to The Dominion Post archive.
County Commissioner and policy board member Sean Sikora said the county and the developer will have to iron out the details of the Harmony Grove repayment with the state.
Joe Statler, representing Blacksville on the policy board, requested the parties do so sooner rather than later.
“I would hope that question and conversation won’t slow this project up,” he said. “Don’t stop this project for anything.”
CHARLESTON, WV – Gov. Jim Justice and Commercial Metals Company (CMC) today announced that Berkeley County will be the home of the company’s fourth micro mill. The facility, projected to cost approximately $450 million, will produce rebar and is projected to begin operations in late 2025.
“I am thrilled to welcome Commercial Metals Company to West Virginia,” Gov. Justice said. “We’re honored that CMC selected our great state as the home for this state-of-the-art facility, set to be one of the most environmentally friendly steelmaking operations in the world. The Mountain State has a proud history in the steel industry and this investment is yet another example of West Virginia welcoming this industry into our state.”
CMC turns scrap into new, sustainable steel products by recycling more than 19 billion pounds of metal each year. CMC steel is featured in our nation’s highways, bridges and industrial structures. The new facility in the Eastern Panhandle is expected to have the capacity to produce 500,000 tons of straight-length rebar and a premium spooled rebar. Spooled rebar boasts less waste, increased productivity and improved safety.
“We would like to thank Governor Jim Justice, the entire West Virginia economic development team, and Berkeley County staff for the support provided during CMC’s site selection process and for the welcome given to this important project,” Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer of CMC said. “We look forward to becoming a vital part of the Berkeley County community and growing our presence in the Mountain State.”
CMC provides customers with the lowest emissions steel in the market as every CMC mill uses electric energy and 100% recycled scrap to produce products. Building on its foundation as a metals recycling company, CMC created the world’s first successfully operating micro mill – a plant with a smaller footprint that uses energy more efficiently than traditional mills.
“CMC will be a tremendous asset to West Virginia and we are thrilled to welcome them to the Mountain State,” West Virginia Secretary of Economic Development Mitch Carmichael said. “There’s no doubt that West Virginia is the best place for this micro mill.”
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace (“EAF”) mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Through its Tensar division, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.
Written by: Jordan Damron, jordan.l.damron@wv.gov; CJ Harvey, cj.harvey@wv.gov
Comments Off on Governor: Housing material manufacturer to locate in W.Va., create 150-300 jobs
BLUEFIELD, W.Va. (WCHS) — West Virginia Gov. Jim Justice announced Friday that a housing material manufacturer is expected to locate in Bluefield, creating hundreds of jobs in the area.
Omnis Building Technologies will build a $40 million, 150,000-square foot facility that is expected to create 150-300 jobs, according to a news release from the governor’s office.
“I would like to be the first to thank Omnis and welcome them to our great state with open arms. I am beyond proud as governor to make yet another major economic development announcement that is going to change countless West Virginians’ lives for the better,” Justice said in the news release. “We continue to prove, without a shadow of a doubt, that the rocket ship ride I promised is real. This is the fourth major economic development project that I’ve been able to announce in less than a month, and these are huge, successful companies that are investing truckloads of money in our state, while creating careers for entire communities of hardworking West Virginians from north to south.
Omnis is a manufacturer of energy-efficient, pre-engineered, home building systems made up of concrete insulated building units that are shipped then assembled on-site to make pre-designed homes, the news release said. Once delivered, these patented turn-key homes are easily constructed and move-in ready in just a few days.
“The Bluefield West Virginia Economic Development Authority began working to attract Omnis approximately 14 months ago and we are honored that they chose Bluefield as their location,” the group’s executive director Jim Spencer said in the news release. “The jobs created by Omnis will be a tremendous boost to our area and it is a privilege to be part of the project.”
When looking across the country for a location to build their facility, Omnis Building Technologies President Jonathan Hodson said Bluefield, West Virginia, is an ideal location because it enables the company to ship its homes to most of the population in the United States by rail or truck.
The company is expected to break ground in the near future and plans to be in operation by the end of 2022. The site is located off Exit 1 of Interstate 77 on John Nash Boulevard in Bluefield.
Comments Off on Nucor deal is example of how development incentives should work
While there is always reason to scrutinize economic development deals that involve government money, the pending deal to bring Nucor’s steel mill plant to Mason County looks to be a great example of sound policy.
Because government money is ultimately taxpayer money, there remains the age-old argument of whether government should be involved with private-sector development, hence the proverbial “choosing winners and losers” debate.
But in reality, government is ultimately involved in most major development efforts because private investors want some assurances of that level of support.
While the public aspect of the Nucor deal has only recently come to the surface, the work behind the scenes has been ongoing for at least six months, and we applaud the efforts of Gov. Jim Justice, Economic Development Secretary Mitch Carmichael, Commerce Secretary Ed Launch and their staffs for putting together a package that should reap benefits for all West Virginians.
What we like best about the deal, besides the obvious tremendous potential, is the structuring that requires Nucor to spend money before any incentives kick in.
As Senior Staff Writer Charles Young reports, the Memorandum of Understanding between the state and Nucor calls for the company to invest an initial $500 million in the Mason County site before West Virginia will contribute $125 million for site preparation activities, Carmichael said.
When the company invests another $250 million, West Virginia will kick in an additional $150 million.
“They must adhere to their employment thresholds and their capital expenditure thresholds,” Carmichael said, “so West Virginia is protected very well with a world-class company in this regard.”
The MOU also says that if Nucor fails to live up to its end of the deal, the state can recoup “some” funds, said Deputy Economic Development Secretary Mike Graney.
“If they don’t perform, there are clawbacks,” Graney said. “We’ll take some of that initial funding back. We don’t expect that to ever happen. These guys are serious, and they are going to do what they said they are going to do. But we still wanted to protect the taxpayer dollars.”
Carmichael and his team, as well as the West Virginia Legislature, which ultimately had to pass legislation to allow for some of the financial structuring, have done a great job of protecting the state’s investment.
And it is truly an investment that needed to be made because of the potential economic impact the plant will bring.
The mill is estimated to be a $2.7 billion project. It is projected to create about 800 manufacturing jobs, and those jobs will pay 200% of the prevailing wage, with most in the $70,000-$80,000 and upwards range.
Construction of the steel mill, which is expected to begin in 2022, is estimated to create an additional 1,000 jobs.
Nucor Corp. is a Fortune 150 company and the largest steel producer in the United States. It is based in North Carolina and produces steel by recycling scrap metal. This steelmaking process makes Nucor one of the cleanest steel producers in the world and a lead in sustainable steel production, according to press reports.
“We are incredibly excited to be building this new steel mill in West Virginia. This will be the world’s most advanced sheet steel mill, producing the most sustainable steel that will build our nation’s modern 21st-century economy,” said Leon Topalian, president and CEO of Nucor Corp. “This is a transformational project that will have a significant economic impact in Mason County and surrounding areas. We look forward to being part of the community for decade to come.”
West Virginia is fortunate that the work of Carmichael, Justice and others helped to place the Mountain State at the top of Nucor’s list after a very competitive process.
“What’s really inspiring about it is those other states felt like West Virginia really could not complete for this type of an enormous investment,” Carmichael said. “We had so many advantages once we started articulating those to the company, and they just felt very, very comfortable.”
As Gov. Justice likes to say, West Virginia has been a diamond in the rough for far too long.
Ans the long-held secret is getting out: The Mountain State can be “Wild and Wonderful,” “Almost Heaven” and “Open for Business,” to play on some of the state’s economic engine and prime it for an even brighter future.
“Nucor’s brand new facility is going to be a key part of West Virginia’s DNA long into the future. It’s going to change lives by bringing hundreds of great-paying jobs to Mason County, and the economic ripple effects will bring even more goodness to our state,” the governor said.
The Nucor deal is a great step toward that future. And the deal that’s been made is a great example of government leaders working for the greater good.
Comments Off on Steel manufacturer announces $2.7 billion mill in Mason County
Nucor Corp. has selected Mason County as the location for a state-of-the-art sheet steel mill, West Virginia officials announced today.
The announcement has been strongly rumored for a week, and lawmakers passed a bundle of incentives aimed at the company in a special session over the past few days.
State officials say the record investment will exceed $2.7 billion, making it the largest in West Virginia history, as well as the largest single investment Nucor has ever made.
Gov. Jim Justice was unable to make the announcement in person today because of a Tuesday diagnosis of covid-19. The governor is being treated at home. But Justice did praise the announcement in a prepared statement.
“This is a landmark announcement in the history of our state,” Justice stated. “Nucor’s brand new facility is going to be a key part of West Virginia’s DNA long into the future. It’s going to change lives by bringing hundreds of great-paying jobs to Mason County, and the economic ripple effects will bring even more goodness to our state.
“I sincerely thank Nucor for their commitment to West Virginia and for allowing us to showcase our ability to compete with other states for major manufacturing facilities like this. It took a team of people to pull this off, and I am immensely proud of all those involved.”
Nucor Corporation, the largest steel producer in the United States, is a Fortune 150 company based in Charlotte, North Carolina. Nucor produces steel by recycling scrap metal in electric arc furnaces, making the company North America’s largest recycler of any material.
This steelmaking process makes Nucor one of the cleanest steel producers in the world and a leader in sustainable steel production.
“We are incredibly excited to be building this new steel mill in West Virginia. This will be the world’s most advanced sheet steel mill producing the most sustainable steel that will build our nation’s modern 21st century economy,” said Leon Topalian, president and chief executive officer of Nucor Corporation.
“This is a transformational project that will have a significant economic impact in Mason County and surrounding areas. We look forward to being part of the community for decades to come.”
Upon completion, the mill is expected to create about 800 manufacturing jobs. Construction of the state-of-the art facility, which will begin in 2022, is expected to create an additional 1,000 jobs. Nucor employs 28,000 people at about 300 facilities located primarily in North America.
The mill will have the capacity to produce up to 3 million tons of sheet steel per year for the automotive, appliance, HVAC, heavy equipment, agricultural, transportation and construction markets.
It will also include advanced downstream processing capabilities, including a tandem cold mill, annealing capabilities, and initially two galvanizing lines. Galvanizing capabilities will include an advanced high-end automotive line with full inspection capabilities as well as a construction-grade line.
Nucor expects the Mason County facility to be operational by 2024. The company said it looks forward to breaking ground in Mason County and becoming an active member of the community by partnering with colleges and universities on workforce development programs, supporting veterans’ organizations and local food pantries, and working with opioid recovery programs that will provide meaningful pathways to jobs.
“This is a large move. This is a large step,” state Delegate Jonathan Pinson, R-Mason, said in voting for the incentives package Tuesday.
State Senator Amy Nichole Grady, R-Mason, told WMOV Radio she is excited about how the announcement will affect the county.
“It means a lot. It means good jobs. It means a lot of investment, more investment after this company comes in,” Grady said. “This doesn’t only affect Mason County, but it affects surrounding counties. This is a big thing, not only for Mason County but West Virginia in general.”
The company also announced it is considering building a transloading and processing center in the northern part of the state to create a broader logistics network and better serve its customers in the upper midwest and northeast regions. This facility would create additional jobs in the state.
“This historic investment validates the hard work of West Virginia’s elected leaders to advance pro-business policies that generate investment and jobs,” stated Suzanne Clark, president and chief executive officer for the U.S. Chamber of Commerce.
West Virginia competed against our neighboring states, especially Ohio and Pennsylvania, to attract the company. The process began in August 2021 and included site location assistance, data analysis, and relationship developments throughout the state.
Officials said the coordinated effort of state, local, and regional organizations made West Virginia a leader during the competitive site search.
“This is an enormous accomplishment for the great state of West Virginia,” said state Economic Development Secretary Mitch Carmichael. “There was a lot of hard work and dedication that went into making this a reality and there’s no doubt that West Virginia is the best place for this steel mill.”
Bills that lawmakers adopted in special session included a bundled set of incentives for the company, including tax breaks and funding for site preparation.
The incentives bill builds on tax breaks already in code but is fairly narrowly defined: the beneficiary has to be a manufacturer, has to be qualified as a labor-intensive industrial manufacturer, has to invest at least $2 billion for manufacturing equipment and has to hire at least 500 full-time employees.
The qualifying company could receive tax credits valued at 50 percent of its manufacturing investment. The credit is available year after year until it is exhausted. West Virginia also would provide up to $315 million in matching funds for the company’s infrastructure investments over three phases.
Comments Off on West Virginia Gov. Justice makes income tax elimination plan top priority
CHARLESTON — Gov. Jim Justice hopes to make West Virginia the eighth state in the nation without a personal income tax.
Justice outlined a strategy to phase out and eventually eliminate the state’s income tax during his 2021 State of the State Address, marking the effort as one of his major priorities for the current session of the West Virginia Legislature.
As of 2021, seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — do not have a state income tax. Two other states, New Hampshire and Tennessee, don’t tax earned wages.
Justice’s plan would initially see personal income taxes cut in half for most West Virginians, while imposing a series of new taxes and tax hikes.
Personal income taxes eventually would be eliminated for all residents, with the hope that the predicted economic development activity and influx of new residents that will occur as a result will make up for the lost revenues.
In order to replace the $2.1 billion received annually from the personal income tax, Justice said the state should raise its consumer sales tax by 1.5%, impose taxes on the purchase of tobacco products and soda, create a “tiered” system for severance tax collections, impose taxes on some professional services, impose a wealth tax and make $25 million in budget cuts.
Richard Auxier, senior policy associate for the Urban-Brookings Tax Policy Center, said politicians like to bring up eliminating income taxes because, on the surface, it seems like an idea that can be easily sold to the public.
“If you ask someone, ‘Would you rather pay higher or lower taxes?’ they are going to say lower taxes,” he said.
However, this overlooks the importance of the essential services — such as infrastructure, education and health care — typically funded by income tax revenues and ignores the actual needs of businesses and families, Auxier said.
“That’s the other side of the ledger. That’s why we have taxes,” he said. “It’s critical to make sure that anytime you discuss this, you can’t make the question, ‘Do you want to pay higher or lower tax?’ I’m pretty sure I know the answer to that. The question for West Virginia is what do businesses in West Virginia need to thrive and what do families, to stay or draw them to West Virginia, need to thrive?”
Those who earn less will be most impacted by raising the consumer sales tax, Auxier said.
“Lower income people tend to buy more goods which are taxable than higher income earners, but it’s just math,” he said. “If you only have $25,000 in income, you’re spending pretty much every dollar that comes in and it’s being taxed at the same time. If you’re higher income, well you’re pocketing money, you’re saving money and you’re investing money. Your purchases simply aren’t as large a share of your income, so the tax bill for you overall goes down as a percentage of your income.”
Kansas tried a similar strategy in 2012 that had disastrous results, Auxier said.
“The governor at the time, Gov. [Sam] Brownback, put forth a very similar proposal. He literally said at the time, ‘I want Kansas to be an experiment.’ And his experiment failed spectacularly,” Auxier said. “The income tax cuts did not generate any economic growth. Not only that, Kansas fell behind its neighboring states when it cut its taxes. It didn’t just fail to reach its very high goals of booming economic growth, it fell back on its butt.”
The experiment resulted in deep deficits in Kansas’s budget, Auxier said.
“Therefore that exacerbated its ability to fund its schools, fund its roads and it fell into this terrible problem,” he said.
States that have managed to successfully eliminate income tax — states like Texas and Florida — have a substantially higher population then West Virginia and have very different economies, Auxier said.
“You have to think about what is right for West Virginia — given its economic mix, given its major businesses, given the challenges that families face, given the size of its cities, the size of its local governments,” he said. “Simply pointing at a state that you think is a success and saying that it must be the income tax, that’s myopic at the least.”
West Virginia lawmakers are waiting for more details of the governor’s tax plan to be released, but many members of the GOP caucus have already signaled their support for the proposal.
Senate President Craig Blair, R-Berkeley, said West Virginia must “take bold steps to secure our future.”
“We have been committed over the last four years to improving our state’s business climate, reforming our education system and promoting all of the benefits our state has to offer,” he said. “We now must take the next step, and that step is removing our state’s personal income tax.”
House Speaker Roger Hanshaw, R-Clay, said he looks forward to working with lawmakers to come up with a more concrete plan to accomplish Justice’s goal.
“The task will be putting the right plan together,” he said. “There is significant support in the House to eliminate the income tax, but it will of course depend on what the plan looks like. We’re not there yet on a plan, but we’re working toward it every day.”
Del. Clay Riley, R-Harrison, said he would support a plan that results in net tax relief for state residents.
“I am always in favor of putting money back in West Virginians’ pockets. It’s not the government’s money; it’s the people who are out there earning it,” he said. “I think it’s time that we have a good, honest debate about how we can do that successfully.”
Justice’s plan is a “good starting point” for lawmakers, Riley said.
“You always have someplace to start to have the discussion,” he said. “So I expect you’re going to see some good healthy discussion over the next 60 days. I think there’s a lot of great of ideas. And I think that as we work through the committee process, we’ll see something come out that’s good for the state of West Virginia.”
Del. Ben Queen, R-Harrison, said it’s typical for the governor to drop “bomb”-like ideas during his State of the State address.
“But not normally a billion dollar bomb. That’s hard to get used to here in the Legislature, especially when our general budget is only $4.5 billion,” he said. “But I think we’re all in favor of removing the personal income tax; it’s just how do we get there? Can we afford it? And in what manner do we do so?”
He also expects the tax package to change and evolve as it works itself through the committee process, Queen said.
“What I think we’re trying to weigh the options of is, how do we offset it?” he said. “We were cutting the budget $450 million just four years ago. Now, we do have surpluses, don’t get me wrong, but can we afford a $1 billion plan in a time where we’re kind of uncertain about what the future looks like?”
There have been numerous previous attempts to remove the state’s personal income tax, Queen said.
“We’ve all seen many different forms and plans to remove the personal income tax, and I think that’s the best one we’ve seen so far,” he said. “At the end of the day, I think you’re going to see a lot of discussion about the personal income tax. … If we can afford it, I think we’re all in. But making sure we can afford it is the uphill battle right now.”
Del. Joey Garcia, D-Marion, said he fears the tax plan will overshadow other important issues during this year’s session.
“A number of things that are being put on the table to try and pay for even a half repeal of the income tax, a lot of things have been discussed before and a lot of them have failed before with Republicans and Democrats,” he said. “So for me, there’s a lot of concern about that proposal and that it leaves a lot of the priorities that we should be looking at without the adequate funding that they need.”
Although Republicans are in the majority in both chambers and, in theory, have the numbers to pass just about any legislation, some GOP members have expressed doubts about the tax plan, Garcia said.
“I’m not so certain that they have the numbers to pass that, when it comes to their caucus and how they are split,” he said. “I don’t know that for sure and I haven’t talked to all the Republicans, but I’ve talked to a number of them that have reservations.”
Comments Off on Toyota West Virginia announces $210 million new investment and 100 new jobs
New investment to upgrade existing engine production line; new jobs to add third shift.
To help meet customer demand, Toyota Motor Manufacturing West Virginia (TMMWV) will invest $210 million to upgrade existing engine production and add 100 new jobs to increase assembly capacity of its four-cylinder engine line. Once complete, TMMWV’s total investment will be more than $1.8 billion and total employment will exceed 2,000.
“Today’s announcement represents Toyota’s continued commitment to our customers as well as our community,” TMMWV President Srini Matam said.
“We are thrilled to expand our Toyota family and continue our long-standing commitment to provide top-quality engines and transmissions for our customers.”
The $210 million investment will upgrade TMMWV’s current six-cylinder engine production line with new equipment and machinery, creating flexibility based on market demand for Toyota’s vehicle assembly plants in the U.S. and Canada.
The 100 new jobs will create a third shift due to a significant increase in Rav4 engine production at the Buffalo site, increasing assembly of an additional 5,900 engines per month, or more than 70,000 engines per year.
The upgrade project and hiring will be complete in the second half of 2022. Information regarding available positions at TMMWV can be found at www.tourtoyota.com.
“Toyota’s commitment to increase its investment in West Virginia and into our hard-working West Virginians prove they continue to be a wonderful business partner right here in the Mountain State,” West Virginia Governor Jim Justice said.
“This is such exciting news for West Virginia’s business community as well as our families that businesses are choosing to grow their organizations here. Toyota is a wonderful example of how a global company can be successful right here in West Virginia.”
U.S. Sen. Joe Manchin, D-West Virginia, praised Toyota for their long-term commitment to the Mountain State.
“In 2005 as Governor, I had the opportunity to travel to Japan to meet with Dr. Toyoda and company officials and since then they have been a strong partner for West Virginia,” Manchin said.
“I’ve had the pleasure of working with Toyota as they continue to build on their investments in the state, which now total more than $1.8 billion and support 2,000 good-paying jobs,” Manchin said.
“Today’s announcement of 100 new jobs and its continued investment in the state is testament to the team in Buffalo and the West Virginia workforce. The partnership between Toyota and West Virginia is stronger than ever and I look forward to continuing to work with Toyota officials to foster more long-term investments in our economy, communities and people.”
Sen. Shelley Moore Capito said Toyota’s success in West Virginia sends a clear message to other companies about West Virginians’ skills and work ethic.
“Since Toyota first came to West Virginia more than 25 years ago, they have expanded their operations multiple times in Buffalo and proven to the country that our state has the skilled and dedicated workforce necessary for any company to be successful here,” she said.
“I have seen this dedication and strong work ethic of the Toyota Team Members firsthand during facility visits, and I’m glad that today’s announcement will create new job opportunities for hardworking West Virginians to pursue,” Senator Capito said.
“I’m thrilled that the Buffalo engine plant is continuing to play a key role in producing the engines and motors that power U.S. vehicles as Toyota continues to develop and incorporate exciting new technologies into their fleet. West Virginia has a long and productive relationship with Toyota, and this announcement today further solidifies the company’s commitment to investing in our state and our workers.”
Toyota has created a tremendous value chain in the U.S., with more than $28.4 billion direct investment in the U.S., nine manufacturing facilities, 10 including our joint venture with Mazda, nearly 1,500 independently owned dealerships and approximately 180,000 people working across the U.S.
TMMWV currently employs approximately 2,000 team members and has invested more than $1.8 billion into its nearly two million square-foot facility. TMMWV will commemorate its 25th anniversary this year. It annually produces nearly one million engines and transmissions for North American-assembled vehicles, including Avalon, Camry, Corolla, Highlander, Highlander Hybrid, Lexus ES, Lexus RX350, Rav4, Sienna, and Sienna Hybrid.
Comments Off on Agreement between UK company DST and Blue Rock Manufacturing to bring new manufacturing facility, up to 1,000 new jobs to West Virginia
Jim Justice announced today that DST Innovations, a UK technology company headquartered in Wales, has chosen West Virginia as the home of its new American manufacturing base; agreeing on a contract with West Virginia-based company Blue Rock Manufacturing to establish a new facility for the development of its new energy cells.
The new facility will be the forefront of green technology, using existing organic material such as coal to create new clean energy storage solutions. The development is expected to create up to 1,000 new jobs in the manufacturing and technology sectors. The manufacturing base will be located in Morgantown, with a Phase 2 expansion planned for the Southern Coalfields region of the state.
“This is a gigantic announcement for West Virginia and I could not be happier,” Gov. Justice said. “It’s wonderful to be able to announce a new international partnership for business in West Virginia. The development is a great example of the special relationship we have with the UK and, now, specifically, with Wales.
“West Virginia and Wales are both proud mining communities,” Gov. Justice continued. “They share their heritage and appreciation for the natural resources, and this special partnership will see us both at the forefront of new energy.”
When successfully completed, the production facility will use the latest material science techniques, combining them with cutting-edge manufacturing knowledge to turn West Virginia coal and other organic materials into clean, sustainable energy storage products. The facility aims to produce large scale, printed energy storage systems and clean, high-grade electronic inks and coatings for use in battery and capacitor products worldwide.
“We want, in West Virginia, to chase every opportunity we have to bring goodness and jobs to West Virginia,” Gov. Justice said. “This is another great example of how all the work that we’re doing within the state of West Virginia makes these things become a reality, but these things only become a reality with the goodness of the people on the other side of the equation. These people from Wales probably looked at many places within the United States, but they have chosen West Virginia, and I could never be more thankful.”
The pioneering facility in West Virginia will be integral to a new, internationally-funded $1.4 billion natural energy project: Dragon Energy Island, located in Swansea, South Wales. Products created in West Virginia will enable the efficient storage of energy generated at the groundbreaking project, harnessing the power of nature.A DST spokesperson said “We want to thank Governor Justice and his team for the warm welcome we have received. We are excited to create our American home in West Virginia, and truly believe, together, we can turn West Virginia coal into the clean resource of the future. The technology that will be used in Swansea for the Dragon Energy Island project can be utilized throughout the world, and we welcome the opportunity to aid governments achieve their sustainability and green ambitions.”
Rob Stewart, Leader of Swansea Council said “Swansea Bay offers an unprecedented opportunity to deliver the world’s first truly integrated tidal energy project. This project has the potential to spur a new industry not just for Swansea but for Wales and the UK. The impacts on employment and our local economy are set to be significant and perfectly timed as we address the post-COVID economy.”
“We remain 100 percent committed to seeing the project delivered in Swansea and are grateful for all of the efforts made by DST to bring together such a strong consortium of organizations with a proven track record of success,” Stewart added.
“We’re delighted to be making this announcement today with the Governor, who has been a great support and aide in making this project become a reality,” said Mary Anne Ketelsen of Blue Rock Manufacturing. “We will be so pleased to add so many jobs. We need them, and I can’t think of a better place to bring jobs than West Virginia.”
Article by Office of the Governor, Jim Justice. Click HERE to see from source.