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The Official Website of the State of West Virginia

Form Energy says $760 million project will pay off for West Virginia

2/7/2023

Form Energy’s cutting-edge battery factory represents a major investment in West Virginia — and also a major investment by West Virginians.

The $760 million initial phase on the site of the old Weirton steel mill in Hancock County is meant to produce 750 well-paying jobs. The iron-air battery manufacturing plant is financed by millions of dollars of private investments, but there are also millions of public dollars going toward the project.

West Virginia legislators will soon consider whether that’s a good deal as they vote on whether to allocate taxpayer dollars to support the factory’s infrastructure.

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