Form Energy to invest $760 million in major manufacturing operation at Weirton Frontier Crossings
West Virginia Governor Jim Justice announced today that Form Energy will invest $760 million in a major iron-air battery manufacturing operation in Weirton, West Virginia.
Massachusetts-based Form Energy is expanding in the northern panhandle in a move state officials say will create 750 jobs.
The expansion, on land to be purchased by the state, is set to take place on approximately 55 acres in the Weirton Frontier Crossings Business Park, owned by Mingo Junction Steelworks, LLC, a division of the Frontier Group of Companies. The new facility will develop, manufacture, and commercialize a new class of cost-effective, multi-day energy storage systems.
“On behalf of the Frontier Group of Companies, we want to thank Governor Jim Justice, WV Secretary of the Department of Economic Development Mitch Carmichael, and WVEDA Executive Director Kris Warner, and all who assisted in the recruitment of this manufacturing company to Weirton Frontier Crossings,” said David Franjoine, CEO of the Frontier Group of Companies. “We are committed to provide the necessary assistance to Form Energy to forge a lifelong partnership and wish them much success.”
ABOUT THE FRONTIER GROUP OF COMPANIES
Founded in 2001, the Frontier Group of Companies brings together strategically aligned businesses with expertise and capabilities in the area of large-scale industrial and commercial facility reuse, repurposing and redevelopment. The companies of the Frontier Group include industry leading operations for industrial demolition, industrial dismantling, asset recovery, equipment repurposing, industrial clean-up, site remediation, brownfield redevelopment, facility acquisition, real estate development, energy exploration, energy production, and materials recycling.