Weirton Daily Times: W.Va. in good position to capitalize on industrial growth

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Washington, October 19, 2018 | comments
U.S. Congressman David McKinley feels West Virginia is in a good position to capitalize on industrial growth following actions by the Trump administration, including lower taxes and an emphasis on brownfield development. McKinley, R-Wheeling, was in Weirton Monday, meeting with local businesses and medical professionals.
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U.S. Congressman David McKinley feels West Virginia is in a good position to capitalize on industrial growth following actions by the Trump administration, including lower taxes and an emphasis on brownfield development.

McKinley, R-Wheeling, was in Weirton Monday, meeting with local businesses and medical professionals.

Among the efforts are adjustments to the federal brownfield tax credit program, which McKinley explained is aimed at encouraging the cleanup and redevelopment of former industrial sites.

Among such efforts locally are the Frontier Group of Companies operations to demolish former steelmaking properties in Weirton.

“It’s going to get these properties down faster,” McKinley noted.

Opening up land will make the Ohio Valley more attractive to those in the oil and natural gas industry, McKinley said, explaining the Northern Panhandle will benefit from the development of an ethane cracker in Monaca, Pa., as well as a proposed cracker in Dilles Bottom, Ohio.

“If we’re going to have downstream prospects, we need sites,” he said.

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