WV Press Release Sharing
CHARLESTON, W.Va. – Gov. Jim Justice and Commercial Metals Company (CMC) today announced that Berkeley County will be the home of the company’s fourth micro mill. The facility, projected to cost approximately $450 million, will produce rebar and is projected to begin operations in late 2025.
“I am thrilled to welcome Commercial Metals Company to West Virginia,” Gov. Justice said. “We’re honored that CMC selected our great state as the home for this state-of-the-art facility, set to be one of the most environmentally friendly steelmaking operations in the world. The Mountain State has a proud history in the steel industry and this investment is yet another example of West Virginia welcoming this industry into our state.”
CMC turns scrap into new, sustainable steel products by recycling more than 19 billion pounds of metal each year. CMC steel is featured in our nation’s highways, bridges and industrial structures. The new facility in the Eastern Panhandle is expected to have the capacity to produce 500,000 tons of straight-length rebar and a premium spooled rebar. Spooled rebar boasts less waste, increased productivity and improved safety.
“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,” Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer of CMC said. “We look forward to becoming a vital part of the Berkeley County community and growing our presence in the Mountain State.”
CMC provides customers with the lowest emissions steel in the market as every CMC mill uses electric energy and 100% recycled scrap to produce products. Building on its foundation as a metals recycling company, CMC created the world’s first successfully operating micro mill – a plant with a smaller footprint that uses energy more efficiently than traditional mills.
“CMC will be a tremendous asset to West Virginia and we are thrilled to welcome them to the Mountain State,” West Virginia Secretary of Economic Development Mitch Carmichael said. “There’s no doubt that West Virginia is the best place for this micro mill.”
|About Commercial Metals Company|
Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace (“EAF”) mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Through its Tensar division, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.
Several state officials spoke at the event or issued comments on the announcement:
State Treasurer Riley Moore welcomed Commercial Metals Company and its half-billion-dollar investment to Berkeley County:
“This is fantastic news for West Virginia and our Eastern Panhandle communities and is further evidence that business leaders around the country recognize our state is a tremendous place to invest,” Treasurer Moore said. “As a member of the state’s Economic Development Authority, I was proud to cast my vote this morning in support of this project to bring more jobs and investment to our state.
“Commercial Metals’ investment to create at least 230 great-paying jobs in Berkeley County will be a significant boost to our already growing Eastern Panhandle economy and attract even more economic activity to the area,” Treasurer Moore said. “Every day, more and more people and job creators are choosing West Virginia to live, invest and grow their families and businesses – this is a testament to the principled, conservative leadership we’ve instilled across this state in recent years. Commercial Metals’ announcement is the latest evidence that our legislative reforms and the sound financial management of our state in recent years have made us the perfect place for businesses to choose to invest.”