Economic development plan could create jobs in Mason County
CHARLESTON, WV (WOWK) – The West Virginia legislature is in extraordinary session ahead of its regular session on Wednesday, January 12. hinting from last week’s COVID-19 briefing.
According to West Virginia House of Delegates Speaker Roger Hanshaw (R-Clay), the development is industrial in nature and “one of the most significant in recent state history.” He also adds that the development will create 800 new full-time jobs and 1,000 construction jobs, Hanshaw was unable to say the name of the company involved in the development due to a nondisclosure agreement.
Hanshaw says the next few days are crucial for that to happen and will include discussions like tax incentives and how they can move money for the development framework. The business could potentially come to two locations in Mountain State, one in the Northern Panhandle and the other in Mason County.
The governor is expected to make the announcement Wednesday night during his state-of-state address. For legislation surrounding development, the state Senate suspended the legislative process and passed the bill immediately. The legislator is now awaiting the decision of the House of Delegates.
Although lawmakers have not confirmed the company, there is one company that is considering West Virginia as a possibility for a new location. In September 2021, a North Carolina steel company called Nucor Corporation announced approval to build a new, state-of-the-art three million tonne plate plant. At that time, the company said it was considering locations in West Virginia, Pennsylvania and Ohio as a potential new location. Once built, this plate plant is expected to cost around $ 2.7 billion and will have the capacity to produce three million tonnes of steel each year.