Article Summary –
An electrical distribution transformer production plant is set to open in Weirton, West Virginia, creating 600 manufacturing jobs in the region. The plant will be owned and operated by Cleveland-Cliffs Inc., which previously operated a tin mill at the same location, leaving around 900 employees jobless upon its closure. The state’s Economic Development Authority has approved a forgivable loan of $50 million to Cleveland-Cliffs, contributing to the total cost of $150 million to establish the plant, planned to go live in 2026.
West Virginia Celebrates Return of 600 Manufacturing Jobs with New Plant Opening
West Virginia officials marked the return of 600 manufacturing jobs in Weirton on Monday. The jobs comeback is due to the opening of a new electrical distribution transformer production plant, heralding a boost for the region.
The new plant will be run by Cleveland-Cliffs Inc, who operated a tin mill at the same location until February. The mill’s closure left approximately 900 workers jobless.
With a $150 million investment, the distribution transformer production plant is set to go online by 2026. It promises to provide reemployment prospects for at least 600 locals. Notably, $50 million of the total investment is a forgivable loan from the state of West Virginia, approved by the state’s Economic Development Authority.
Gov. Jim Justice, amongst other state officials, commended Cleveland-Cliffs’ CEO Lourenco Goncalves for his leadership in reviving the idle plant. He also praised the reemployment of the previous workforce.
“We shut down the plant, but we did not abandon the workforce,” stated Goncalves. He emphasized the significance of the project not just for Weirton and West Virginia but also for the USA.
Distribution transformers, the primary product of the new plant, regulate the voltage of electricity in the grid before it enters homes. They are produced using specialized grain-oriented electrical steel, which Cleveland-Cliffs manufactures in other plants nationwide.
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