March 04, 2023
Manchin Joins Groundbreaking on BHE Renewables’ $500,000,000 Jackson County Manufacturing Hub
Charleston,
WV — Today, U.S. Senator Joe Manchin (D-WV), Chairman of the Senate
Energy and Natural Resources Committee, joined BHE Renewables, Precision
Castparts Corp. (PCC), Our Next Energy, Inc. (ONE), and state leaders to break
ground on a $500,000,000 manufacturing site to be built on more than 2,000
acres of land in Jackson County, West Virginia. As part of this investment in
West Virginia, PCC subsidiary Titanium Metals Corporation, Inc. (TIMET) has
announced plans for a new titanium melt facility that will employ approximately
200 people to manufacture titanium products for the aerospace and other
industries.
In
addition to the original $500 million investment, ONE announced today that it
will build a new Aries Grid factory on the site. The factory will bring an
additional $22 million in investment to the project and generate 105 more jobs.
Scheduled to open in 2025, the factory will build Aries Grid utility-scale
battery storage systems using Michigan-made lithium iron phosphate (LFP)
battery cells.
“Today’s
groundbreaking is recognition once again that West Virginia is a smart energy
investment. Thanks to the Inflation Reduction Act, BHE
Renewables’ new industrial site in Jackson County
will create hundreds of good-paying jobs right here
in West Virginia that help reinvigorate American manufacturing,
all while being powered by a first-of-its kind microgrid that will provide
clean energy to the businesses located on the site. Precision Castparts has
already announced plans for 200 jobs on the site, and just today Our Next
Energy announced plans to locate a battery pack manufacturing facility on the
new site that will create an additional 105 jobs. These types of
investments and the businesses and jobs they are bringing to
West Virginia are exactly what I had in mind when I wrote the Inflation
Reduction Act and led negotiations for the Bipartisan
Infrastructure Law. I can’t wait to see how today’s announcement will
benefit Jackson County and the entire Mountain State. Companies across the
country are recognizing that when it comes to energy and manufacturing, there
is no better place to do business than West Virginia,” said Chairman
Manchin.
“We’re
proud to deliver this new sustainable energy solution for PCC, their customers
and the people of Jackson County,” said BHE Renewables President and
CEO Alicia Knapp. “Thanks to the collaboration with local, state and
federal leaders, and our partnership with PCC and ONE, we are demonstrating how
renewable energy can be a catalyst for economic growth and bring new manufacturing
jobs to West Virginia, which is truly a great place to do business.”
“As
the global aerospace demand for titanium continues to increase, our new
state-of-the-art facility will provide the capacity and capability to meet our
customers’ needs for decades to come, utilizing renewable energy,” stated
Steve Wright, president of PCC Metals Group. “We believe our
partnerships with BHE Renewables, ONE and the state of West Virginia will
greatly benefit the success of our next-generation, sustainable melt facility.”
“The
Ravenswood project represents a historic transition to renewable energy-based
manufacturing in the U.S. and establishes a standard for others to
follow,” said Mujeeb Ijaz, CEO and Founder of ONE. “Building
upon BHE Renewables’ commitment to this site and the State of West Virginia,
ONE’s first Aries Grid factory will bring even more jobs and investment to this
area to help clear a path to a carbon-free manufacturing future.”
"Today's
groundbreaking is the beginning of an incredible renaissance for Jackson
County," said West Virginia Governor Jim Justice. "Our
partnership with BHE Renewable and PCC proves we can attract world-class
companies to our state that will provide good-paying jobs for the next
generation of West Virginians. As a result, West Virginia is now at the
forefront of renewable energy microgrid-powered manufacturing. I thank BHE
Renewables, our Legislature, and our community partners who have made this
possible because we all understand the economic ripple effects this partnership
will bring throughout the region. But take my word for it, this is just the
beginning, and we will continue to see more and more goodness come to Jackson
County and to West Virginia as a whole."
“When
we announced that BHE Renewables was joining the West Virginia business family
last September, I knew then that this effort had the potential to transform
Ravenswood and spark development in Jackson County. There is a growing momentum
behind the business climate in West Virginia right now, and breaking ground today
on this project is another step in the right direction. I am thankful for all
of our state leaders and business executives who have played a role in
making today’s celebration possible, and I will continue to work hard in the
U.S. Senate to drive future investments and development to our state,” Senator Capito said.
“I
am honored to stand with other state and federal leaders during this
groundbreaking event as the first solar energy microgrid-powered industrial
site project was unveiled in Jackson County,” said Congresswoman Carol
Miller. “As co-chair of the Energy Export Caucus, I know this
important project will aid in producing energy in our communities and stimulate
economic growth that will create new jobs in West Virginia. Thank you to BHE
Renewables, Precision Castparts Corp, and ONE for your collaboration and commitment
to energy innovation – the United States is better for it.”
To
view photos from the visit, please click here.
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