WEIRTON, W.Va. — An international company has recently made a $5 million investment in the Half Moon Industrial Park in Weirton.
International companies like LafargeHolcim are investing money in Weirton, inspired by the boom in the shale gas industry.
The latest investment? A $5 million port right along the Ohio River.
The new terminal will allow for better river access for LafargeHolcim’s concrete transportation.
It also leaves its economic impact, being the third international company to invest in the area
"So, what you see in the city of Weirton is a convergence of metals chemicals and also natural gas all coming to a head where they’re all taking advantage of our geographic location in the U.S.," Business Development Corporation Executive Director Pat Ford said.
This addition not only affects the oil and gas industry, but others as well.
"They also had a catalytic effect in regard to providing a renaissance to the steel industry," Ford said.
"The most recent investment -- Pietro Fiorentini and Bidell -- all of those companies are steel-related, value-added steel companies and directly related to the shale gas industries," Ford said.
Local leaders are confident the growth in Brooke and Hancock counties will continue to take off.
“Watch where LafargeHolcim goes,” Ford said. “You’re going to see other industries to follow.”