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City manager announces Kybar acquisition of Novelis facility; council hears economic-development updates
Summary
Fairmont’s city manager told the council that Kybar is acquiring the Novelis facility in Fairmont and highlighted multiple infrastructure and park projects, pending bids, and a potential $1 million DEP funding source for park redevelopment.
The Fairmont City Manager told the City Council April 14 that Kybar is acquiring the Novelis facility in Fairmont, calling the development "huge news" for the facility and the local workforce.
"The announcement of Kybar acquiring the Novelis facility here in Fairmont is huge news, and should not be underestimated," the City Manager said, noting the company has a larger presence and that the development reflects the quality of the facility and the local workforce.
During a longer city manager report, the manager also updated council on multiple capital projects: the annexation of 9.63 acres on Carriage Drive; an apparent low bid for the gateway connector asphalt resurfacing that looks to be about $1,500,000 though the West Virginia Department of Highways (DOH) will complete the contractor selection; ADA ramp and sidewalk work tied to a $2.2 million grant application to replace sidewalks on East Park Avenue (the total sidewalk rebuild estimate in the manager’s remarks was about $2,700,000); and ongoing design and coordination on downtown sidewalk segments, the Veterans Plaza parking garage repairs, and several park projects including Windmill Park pavilion replacement and a concession-stand quality-control step.
The manager said the city is pursuing a mix of funding and partnerships — including discussions with TIF and bond counsel and a possible $1,000,000 West Virginia DEP funding source — connected to the Momentum Adventure Park project and redevelopment tied to the recently acquired Davis Electric property.
City leaders did not vote on the Kybar/Novelis item during the meeting; the manager described the acquisition as a positive development and expressed hope for future workforce placement and investment.
