Governor Tomblin made his third major jobs announcement in two weeks Tuesday in Charleston. A supplier for the steel industry, the newest company locating in West Virginia will not just create jobs, but also heavily rely on coal to do it.
“Today, 60 more West Virginians will have good paying jobs and the coal industry will have a new customer,” Tomblin said.
He made the announcement surrounded by executives from Carbonyx International USA and representatives of the state Department of Commerce.
A Texas-based company, Carbonyx uses coal to produce a coke substitute for the steel industry. The company plans to locate their newest facility in Millwood in Jackson County.
“It’s fitting that a company finding bold new uses for coal,” Tomblin said. “It’s appropriate that a company has created a more environmentally friendly use for coal and would do it in our state.”
With the initial investment, Carbonyx will create 60 jobs and plans to add more than 150 over the next seven years.
Secretary of the state Department of Commerce Keith Burdette said the West Virginia Economic Development Authority awarded a $15 million loan equipment loan to Carbonyx Thursday, calling it the most significant incentive for the company to locate in the state.