Companies are Choosing Right to Work West Virginia
Two businesses are planning to add new locations within Right to Work West Virginia, and they are Form Energy and CMC. Altogether, they will invest a total of $1.26 billion. They will also create 980 new jobs. So this is incredible news and will benefit the economy greatly! It’s also goes to show how Right to Work states encourage economy and job growth. Read on in order to learn more!
Form Energy:
Form Energy is investing $760 million in order to establish a new facility in Right to Work Weirton, West Virginia. This will also create 750 new jobs!
“Weirton is long overdue for some incredible news. […] At one point, Weirton was one of America’s most important steel towns, a national leader in steel production. Now, this historic city is looking toward the future, and it’s very bright with Form Energy opening its doors. We structured a unique financial incentive package worth up to $290 million in asset-based, performance financing to support their decision to locate in Weirton.” […]
“We are so glad that Form Energy said yes to West Virginia and are excited to welcome the company to Weirton. […] We will continue to support them in any way we can. Creating 750 jobs and investing $760 million in our state is not something to take lightly, and we can’t wait to see how this company will thrive with our strong workforce. I hope that West Virginia will continue manufacturing batteries for years to come.”
CMC is investing $450 million in order to add a new location in Right to Work Berkeley County, West Virginia. As a result, this will create 230 new jobs!
“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. […] We look forward to becoming a vital part of the Berkeley County community and growing our presence in the Mountain State.” […]
“CMC will be a tremendous asset to West Virginia and we are thrilled to welcome them to the Mountain State. […] There’s no doubt that West Virginia is the best place for this micro mill.”