Pietro Fiorentini USA plans to build a manufacturing facility in the Three Springs Business Park in Weirton. The $9 million plant is expected to create up to 41 jobs in phase one and up to 150 when fully operational.
Parent company Pietro Fiorentini S.p.a., based in Italy, is a world leader in the production of pressure regulators, valves and pressure reducing and metering systems for the natural gas industry.
Although the company has a sales office and a distributorship in the United States, the West Virginia plant will be its first manufacturing operation in this country. The new facility will produce components for the treatment of shale oil and gas.
“International investment is an important part of our state’s economy. West Virginia is pleased that Pietro Fiorentini chose to locate its new manufacturing center here,” said Gov. Earl Ray Tomblin. “I want to commend the West Virginia Development Office, the Business Development Corporation of the Northern Panhandle and the Independent Oil and Gas Association for their collaborative work with the company in bringing these good-quality jobs to our state.”
“Pietro Fiorentini group decided to invest in West Virginia after completing a feasibility study that covered several states of the nation. Our study confirmed that the Marcellus area has a large potential yet to be developed,” said Sergio Trevisan, General Manager for Pietro Fiorentini S.p.a. “And this was the main decision factor. Specifically in the Marcellus area, West Virginia offers, in our opinion, an interesting business atmosphere combined with an excellent support from the state. We are willing to be at the center of the area and West Virginia fully responded to this prerequisite. Pietro Fiorentini is setting up here a manufacturing and logistic base for gas conditioning equipment, oil and gas treatment and reducing and metering plants already distributed in more than 80 countries of the world.”
Pietro Fiorentini USA plans to lease space at the former Wheeling Corrugating Plant in Brooke County currently owned by Business Development Corporation of the Northern Panhandle and Hackman Capital based in Los Angeles to get operations under way within six months. Construction on the new manufacturing facility is expected to start this summer.
