CHARLESTON, W.Va. (AP) — A Texas-based company plans to create at least 60 jobs in West Virginia after it builds a plant that will produce an ingredient used in steel making.
Plano-based Carbonyx Inc. plans to start building a plant in Jackson County sometime next year. The company says construction will take up to two years.
The company was awarded a $15 million equipment loan by the West Virginia Economic Development Authority on Thursday.
West Virginia Gov. Earl Ray Tomblin made the announcement about the plant's location during a news conference. West Virginia was competing with several other unidentified states for the project.
The plant will produce a carbon alloy that can be used by steel makers as a fuel source.