Carbonyx, Inc., Plans Carbon Alloy Production Plant In Millwood, West Virginia
11/21/2013
The new plant will use state-of-the-art technology to produce a key ingredient for steelmaking. It will rely on coal as the main ingredient for its manufacturing process, making it an important new customer for regional coal producers. Construction on the new plant is expected to begin next year, once several key elements are finalized throughout the next several months. The company expects to hire management, operators and maintenance personnel.
"It’s a natural fit to make West Virginia home to our Carbon Alloy facility due to its coal reserves, long standing tradition with the steel industry, a proactive government led by Governor Tomblin and, above all, the quality of its people. During our efforts we received unprecedented support from people of all walks of life." said Dr. Siddhartha Gaur, the CEO of Carbonyx Inc.
Carbonyx’s patented, cutting-edge technology revolutionizes the way steel is made, the company said. For centuries, steelmakers have relied on coke, a high-carbon, hot-burning fuel source, to manufacture their product. Carbonyx has developed a coke substitute called Cokonyx, a carbon alloy that offers both lower cost and less environmental impact than traditional coke.
“We are excited and honored to welcome Carbonyx to West Virginia,” Gov. Earl Ray Tomblin said. "Carbonyx is a tremendous innovator in the steelmaking business--and they've decided to invest right here in the Mountain State because of our top-notch workforce and winning business climate.”
“This company could have chosen anywhere in the world to build this plant, and they chose Jackson County," Gov. Tomblin added. "This means an investment of tens of millions of dollars and at least 60 good-paying jobs, which is great news. The plant's impact will reach beyond Jackson County: Carbonyx will use West Virginia coal to produce a key ingredient for steelmaking, which is in demand from major steel companies. This announcement is a huge victory for our entire state.”
The Jackson County Development Authority and the Jackson County Commission also played key roles in securing the Carbonyx investment.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024