Methanol production facility further gets loan from West Virginia Economic Development Authority gave preliminary approval for a $10 million loan to US Methanol to purchase its machinery and equipment. The plant, known as Liberty One Methanol, is the first the California-based startup will develop. It is expected to create about 350 temporary construction jobs and 50 permanent jobs in the plant, according to US Methanol Chief Commercial Officer Brad Gunn.
US Methanol has plans to develop more facilities in West Virginia but hasn’t yet officially decided on any locations.
