This EDA investment supports the wyoming county economic development authority with constructing three pre-engineered metal buildings in the barkers creek industrial park in pineville, west virginia

The Economic Development Administration awarded a $4.875 million Project Grant to the Wyoming County Economic Development Authority on July 27, 2022 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support construction of three pre-engineered metal buildings in the Barkers Creek Industrial Park in Pineville, West Virginia to provide leasable space for an environmentally friendly manufacturer of carbon products used in electric vehicle batteries, radar absorbing military aircraft, and high-quality asphalt binder for roads and bridges. The project is expected to reduce greenhouse gas emissions in the coal pitch process by approximately 99% while helping to increase economic resiliency and provide new high-paying jobs and private investment for an area impacted by the decline in the coal industry.

The project will create leasable space for an environmentally friendly manufacturer of carbon products used in finished products such as electric vehicle batteries, radar absorbing military aircrafts, high quality asphalt binder for road and bridges. The project is expected to reduce greenhouse gas emissions in the coal pitch process by approximately 99%, which will help increase economic resiliency to an area that has been impacted by the decline in the coal industry and provide a new industry to create and retain high paying jobs and attract private investment.