Economy

Becca Schimmel / Ohio Valley ReSource

Trade has emerged as a potent issue this election season, with the pending Trans-Pacific Partnership, or TPP, a flash point in the political debate. The stakes are high for the Ohio Valley region, where thousands of workers and billions of dollars in goods could be affected by the outcome of this trade agreement.

Coal Stock Pile
www.mine-engineer.com

In an unprecedented move, this week the federal Office of Surface Mining Reclamation and Enforcement issued a Policy Advisory to any states that issue self-bonding permits to coal mining companies.


hospital bed
Blogotron / wikimedia commons

Highland Hospital officials say the mental health center's board of directors has agreed to sell its Charleston facilities to Tennessee-based behavioral health care company Acadia Healthcare Company Inc.

Cynthia Persily, president and CEO of the Highland Hospital Association, said Acadia has issued a letter of intent to buy Highland. Persily says the two companies will now work toward a finalized agreement, which Highland hopes to have in place by Sept. 30.

Natural Gas, Compressor Station
Glen Dillon / wikimedia Commons

This week West Virginia’s Attorney General launched his latest lawsuit against the federal Environmental Protection Agency. Patrick Morrisey is leading a dozen other states in a suit that hopes to dismantle a rule aiming to reduce methane emissions produced by the oil and gas industry.

2bgr8 / http://2bgr8stock.deviantart.com/art/Money-Cash-113445826

A Mega Millions ticket sold in Morgantown is worth $1 million. 

West Virginia Lottery officials said Wednesday that a ticket sold at Bell's 119 Grocery matched five numbers from Tuesday's drawing. The numbers drawn were 3, 12, 36, 54, 70 and Mega Ball 12.

Lottery
West Virginia Lottery Commission

A Powerball ticket worth $1 million has been sold in northern West Virginia.

The ticket that matched the first five numbers in Saturday's drawing was sold at a Circle K in Worthington near the Harrison-Marion county line.

Glynis Board / West Virginia Public Broacasting

Demolition of a 60-year-old industrial landmark took place this morning in Dilles Bottom, Ohio, across the Ohio River from Moundsville, West Virginia. Thousands gathered to witness a smokestack over 800 feet tall collapse.


Daniel Walker/ WVPB

As the coal industry in Appalachia continues to decline, more and more families are struggling. Poor job prospects throughout the region are causing a lot of anxiety in families. And mental health expects say that kind of stress can accumulatively lead to mental illness. What can parents do to help their children cope with stress?

Roane County
David Benbennick / Wikimedia Commons

Mustang Survival says it will cease production at a safety equipment plant in West Virginia.

The Parkersburg News and Sentinel reports the company said Wednesday it plans to move the Spencer plant's production to a facility in Jacksonville, Florida.

Coal Stock Pile
www.mine-engineer.com

One of the largest coal operators in the region, Alpha Natural Resources, is striking deals so that the terms of its bankruptcy can be finalized in court. One deal protects hundreds of workers; another sets aside millions for environmental cleanup.

Anne Li/West Virginia Public Broadcasting

 West Virginians are no stranger to flooding, but when it comes to flood insurance, it's a different story. Even though floods are the fastest-growing and costliest natural disaster, in all counties in West Virginia, roughly less than five percent of households have flood insurance. 

Coal Stock Pile
www.mine-engineer.com

Giant coal producer Murray Energy has issued notices that it could lay off up to 4,400 coal mine workers in six states come September.

A news release from the St. Clairsville, Ohio, company says it issued the notices for its operations in Ohio, West Virginia, Illinois, Kentucky, Utah and Pennsylvania.

Kara Lofton/West Virginia Public Broadcasting

Philanthropy West Virginia wasn’t always equipped to handle disaster relief. The three-person non-profit organization based in Morgantown works year-round to help philanthropists maximize their impact through their donations, in part by learning from the mistakes and successes of similar organizations across the country.

But as volunteers, hospitals and shelters spring into action in flood-affected areas of the southern part of West Virginia, Philanthropy West Virginia has been working behind the scenes to ensure that donors nationwide know how to best help those recovery efforts.

Cash Money
Psychonaught / Wikimedia Commons

The West Virginia Lottery has taken longer this year to reach $1 billion in revenues than it has in more than a decade.

The Charleston Gazette-Mail reports the mark was reached in mid-May. Acting Lottery director John Myers said the month was finished with year-to-date gross revenues of $1.049 billion, down nearly $21 million from the same point in 2015, with one month left in the budget year.

Coalfield Graduation
Clark Davis / West Virginia Public Broadcasting

The Coalfield Development Corporation hosted its first graduation of the job training program, Reclaim Appalachia.

The two-year Reclaim Appalachia program provides training in environmental service jobs such as asbestos and lead abatement, mold remediation and meth-lab cleanup as well as offering classes on how to install solar power panels. 

Federal labor officials say another $4.3 million is heading into West Virginia to help out-of-work coal miners.

A U.S. Department of Labor news release Tuesday says the National Dislocated Worker Grant money will go to WorkForce West Virginia.

The release says West Virginia has previously received $10.7 million combined since 2012 through the grant program.

Saws Edge
Clark Davis / WV Public Broadcasting

Since acquiring the old Corbin Factory building in Westmoreland in the summer of 2014, the Coalfield Development Corporation has turned the building, now called West Edge, into a hub of training and opportunity. West Edge has developed a woodworking workshop that’s slowly cutting into the areas unemployment numbers. 

Glen Wilson is a former marine corps veteran from Wayne.

Swimming Pool
Lyn Lomasi / wikimedia commons

Officials have delayed opening six swimming pools managed by the Division of Natural Resources due to the uncertainty over the upcoming state budget.

Department of Commerce spokeswoman Chelsea Ruby says the openings have been pushed back for pools at Panther Wildlife Management Area, Twin Falls Resort State Park, Cabwaylingo State Forest, Babcock State Park, Watoga State Park and Kanawha State Forest.

Petr David Josek / AP Photo

Correction: Name corrected from Ranger Scientific LLC to Ranger Scientific. 

 

An ammunitions company has announced plans to build a factory in southern West Virginia and add 400 jobs.

Ranger Scientific officials said Tuesday the company has acquired 1,000 acres on a reclaimed mountaintop removal coal mine.

It says the $50 million facility will produce more than 500 million rounds of specialty rifle ammunition each year.

Tim Kiser / wikimedia Commons

With West Virginia University opening its Beckley campus this fall, investors from near and far have been looking at potential properties in the city.

Lisa Armes, a Century 21 First Choice real estate agent, tells the Register-Herald that she has been receiving calls for the past six months about properties in the area from local clients and those as far away as California.

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