Tuesday, May 21 2013 1:54 PM EDT2013-05-21 17:54:26 GMT
The West Virginia EDA adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
The West Virginia Economic Development Authority adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
Tuesday, May 21 2013 1:49 PM EDT2013-05-21 17:49:56 GMT
Entsorga will take waste and separate steel, aluminum and glass, recycle certain types of biodegradable waste and convert it to an end product that can be used to make cement.
The business, which WVEDA Executive Director David Warner explained was a European technology that takes waste and separates steel, aluminum and glass, recycles certain types of biodegradable waste and converts it to an end product that can be used to make cement.
Tuesday, May 21 2013 11:29 AM EDT2013-05-21 15:29:48 GMT
NEW HAVEN, WV (AP) — Felman Production LLC plans to temporarily idle one of three electric arc furnaces at its ferroalloys plant in New Haven and lay off union workers.
NEW HAVEN, WV (AP) — Felman Production LLC plans to temporarily idle one of three electric arc furnaces at its ferroalloys plant in New Haven and lay off union workers.
United Bankshares on Jan. 29 announced increased
earnings for both the fourth quarter and full year 2012 compared with 2011.
Earnings for the fourth quarter were $21.2 million, up
5 percent over 2011. Earnings for the year were $82.6 million, an increase of 9
percent from earnings of $75.6 million in 2011.
"The year 2012 was another successful year for United,"
Richard M. Adams, United's chairman and CEO said in the earnings release. "Earnings
rose from 2011 while the dividend to shareholders was increased for the 39th
consecutive year. Only one other major banking company in the USA has achieved such a dividend record."
Total assets declined slightly, ending 2012 at $8.42
billion, down from $8.45 billion at the end of 2011 but still higher than the
total of $7.156 billion on Dec. 31, 2010.
United is based in Parkersburg. It has 115 full service offices in West Virginia, Virginia,
Maryland, Ohio, Pennsylvania and Washington, D.C.