Sandvik and Alpha Metallurgical Resources to Build $25 Million Rock Bolt Plant in West Virginia

West Virginia Governor Patrick Morrisey announced on May 13 that global engineering group Sandvik and Alpha Metallurgical Resources (AMR) will establish a manufacturing presence in the state through a $25 million investment expected to create at least 120 new jobs.

100,000-square-foot facility

Production is planned at a new 100,000-square-foot facility focused primarily on rock bolts and resin capsules, with potential to expand the product offering over time.

Joint venture

Sandvik will hold a 51 percent stake in the joint venture and Alpha 49 percent. The deal includes a long-term exclusive supply agreement with Alpha, and the joint venture will also sell ground support products to other U.S. customers, marking Sandvik’s re-entry into the U.S. ground support market with local manufacturing.

Mats Eriksson, President of Sandvik Mining said:

“Re-entering the U.S. ground support market with a local manufacturing presence is strategically important, and this initiative will allow our Ground Support business to strengthen customer relationships, shorten lead times and build a scalable platform for long-term growth in North America.”

Andy Eidson, CEO of Alpha Metallurgical Resources said:

“Creating this joint venture with Sandvik is a step in securing our supply chain by manufacturing more of our mining materials here in Central Appalachia.”

West Virginia Governor Patrick Morrisey said:

“This new manufacturing facility will strengthen critical supply chains, support high-paying jobs, and reinforce West Virginia’s role as a leader in industrial production and energy development.”