This FAQs list was created to address issues related to Dow Chemical Company’s offer to donate property at the South Charleston Technology Park to the State of West Virginia. We encourage you to learn more about the project and see what you can do to ensure that its potential is realized before it is too late:
 

1. Exactly what is Dow proposing to donate?

Dow has proposed and is willing to donate 258 acres of its technology park including fully outfitted laboratory buildings, pilot plants and infrastructure to the State of West Virginia.  

2. Why does Dow want to donate this property?

As a publicly-traded global corporation, Dow has made strategic business decisions that have resulted in the downsizing of its research and development activities at the South Charleston site.  The company incurs significant expenses each year to maintain buildings and property it no longer needs.   

3. Is Dow leaving the technology park?

Dow would likely continue as a tenant in this park rather than a “landlord.”  This donation does not impact the manufacturing facilities of Dow that are located off of MacCorkle Avenue in South Charleston.  Those plants will continue in their operation.  

4. Are there environmental issues on the portions that Dow will donate?

Comprehensive environmental studies have been conducted by several neutral parties and the data collected show no reason that the donation cannot occur. 

5. Is Dow passing off its environmental liability to the state?

Under federal law, Dow is not permitted to “give away” any responsibility arising from potential environmental issues.   (more…)

The South Charleston Technology Park is on the brink of closing.

Why should you care? If we allow this to happen, the region could lose more than 500 quality jobs. If we maintain and nurture the park, it could create thousands of jobs.

Generation Charleston is dedicated to making Charleston and the Kanawha more attractive to emerging leaders and young talent. Standing on the sideline while our region’s future hangs in the balance isn’t part of that mission.

The time to act is now. Join us from 6 to 7 p.m. Monday at MATRIC in Building 740 of the Technology for an open forum presented by Generation Charleston. The event is open to anyone in the community interested in learning about the park’s history and its potential impact on the state’s future.

To get to the park, take the Kanawha Turnpike exit from I-64, then turn left into the park. Building 740 is immediately on the right.

We believe that with growing support and a united voice, the technology park can become a symbol of our state’s resilience and ability to go the distance for the greater good. A successful outcome will be a transformational event in the history of West Virginia.

President Lincoln said the best way to predict the future is to create it – let’s start by saving the tech park. This is your opportunity to make change that matters.

In recent days you may have read about a project that would rejuvenate the South Charleston Technology Park. 

If realized, the project could generate hundreds if not thousands of high value jobs, make our region highly competitive in research and development and create new opportunities for West Virginia’s coal, natural gas and other leading industries.

At stake is a pending donation by Dow Chemical Company of valuable buildings and land located at the technology park to the State of West Virginia.

But this is not just a real estate transfer — it’s about the future of West Virginia.

The purpose of this message is to tell you why this project matters to you, your business and everyone in our region, and what you can do today to help make it happen.

Background

For more than 50 years, the tech park arguably was the top research center in the chemical industry.  Dozens of patents were produced there each year, resulting in globally distributed products worth billions of dollars. (more…)