Stamping Plant Set to Re-Open

By: Associated Press Email
By: Associated Press Email

SOUTH CHARLESTON, W.Va. (AP) - Governor Manchin says a new company is planning to reopen the old Union Stamping and Assembly Plant in South Charleston.

The plant's been idle since Union Stamping filed for bankruptcy last year.

C-E-O John Wise says Charleston Stamping and Manufacturing plans to reopen the plant. First, Wise says the company will spend 35 (m) million dollars refurbishing the aging building.

Among other things, Charleston Stamping is planning to install 45 robots to automate four of the plant's six production lines. Wise says that will make the plant more productive and competitive. The plant makes auto and truck parts.

Wise says Charleston Stamping hopes to hire 79 people in its first year and 140 in its second year. Within four to five years, he's hoping to have 550 workers.

Union Stamping employed about 350 people when it closed last October.

Wise is getting government support for the refurbishing project. Manchin's office says the state Economic Development Authority has given preliminary approval to a 15 million loan.

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