Energy Corp. of America plans eastern headquarters in Charleston
CHARLESTON, W.Va. -- Energy Corp. of America plans to break ground this summer on a new, 60,000-square-foot eastern headquarters in Charleston's Northgate Business Park.
Leaders at the oil and natural gas exploration and production firm hope to move 110 employees from their building on 56th Street in Kanawha City to the new headquarters building by mid-2014.
While the project is still in its design phase, the company expects to spend between $10 million and $12 million to construct the new facility.
"We are thrilled to be making this recommitment to Charleston," ECA chief operations officer Kyle Mork said.
ECA is a privately held, family-operated oil and natural gas company that has more than a million acres throughout Appalachia.
Originally founded in Glenville in 1963, the company has expanded throughout West Virginia, Pennsylvania, Kentucky and Montana. The company's board members include former Gov. Gaston Caperton and Peter Coors, chairman of the Molson Coors Brewing Company.
While the company's main corporate headquarters is in Denver, the company has maintained a location in Charleston since 1987.
"Charleston has been a wonderful home to us for the past 25 years, and we're thrilled to be doubling down and putting this new building in place," Mork said.
Mork said the natural gas industry is experiencing a renaissance right now, given the development of the Marcellus shale and improvements in drilling technologies.
While the company currently has 110 employees at its Charleston office, Mork said they believe they might expand to 200 employees within the next few years.
He said the company has grown beyond the capacity of its current location on 56th Street.
"We're busting at the seams," Mork said.
The company has partnered with Jarrett Construction, Terradon Corp., and Associated Architects to design and construct the new building.
Members of the Charleston Municipal Planning Commission approved plans for the new site at their meeting on Wednesday.
Mork said he hopes the new building provides a good base for the company's expansion in the coming decades.
"We certainly want this facility to last us another 25 years," he said.
The company also has 45 employees working out of a field office behind the Proud Eagle warehouse in South Charleston.
Contact writer Jared Hunt at email@example.com or 304-348-4836.