We were thrilled to stand beside West Virginia Governor Earl Ray Tomblin as he announced our additional $1.34 billion investment in the northern panhandle of West Virginia.
We have already added 74 new jobs after acquiring Caiman Eastern Midstream back in April. The new investment will add another 100 positions, which will bring good-paying jobs to more than 300 folks in that region of the Marcellus.
“It’s a very exciting day,” Gov. Tomblin told the media. “The kind of jobs we are talking about here are generational jobs, which means a young person can come to work for Williams and spend their entire career with one company.”
But another benefit of expanding our natural gas gathering lines and facilities is an expanded property tax base. Jake Padlow, president of the Marshall County Commission, said this kind of investment generates tax revenue. “[For all property tax payers] it means lowering taxes. Again last year our values increased 200 billion dollars just in Marshall County, which allowed us to give this back to the taxpayers this year. And I hope in the years to come it will be more and more.”