West Virginia Governor Jim Justice announced that BHE Renewables, a Berkshire Hathaway Energy business, entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, W.V., to be developed as a first-of-its-kind renewable-energy microgrid-powered industrial site. Precision Castparts Corp. (PCC), a Berkshire Hathaway Inc. business, will be the first company to locate on the site and will develop a titanium melting facility that will use 100% renewable energy to manufacture titanium products for the aerospace industry.

“Our future facility is an outstanding opportunity to use clean energy as we invest in further strengthening our position as a world leader in titanium metals. Manufacturing our products with 100% renewable energy benefits PCC and our customers as we strive to minimize the impact of our operations and wisely use natural resources,” PCC Metals President Steve Wright said.