virgin Hyperloop It has chosen West Virginia as the location for a $ 500 million accreditation center that will serve as a test track for its high-speed transportation system, the company announced Thursday.
More than a dozen states bid for the future site for the Six Mile Trail, and other facilities on more than 800 acres in Tucker and Grant Counties in the northeastern part of the state.
The concept of high-speed travel involves the use of closed capsules to transport passengers underground at speeds of more than 600 mph via electromagnetic transmission. The technology allows silent and fast travel.
The journey from New York to Washington takes about 30 minutes. Reuters mentioned. Virgin examines a route from Chicago to Pittsburgh in under an hour.
The endeavor is expected to bring thousands of temporary construction jobs to West Virginia, which has seen an economic downturn amid the decline of the coal industry. The facility will employ up to 200 workers once it is completed.
“What we are doing is bringing a new industry straight to the place where the West Virginians once mining,” said Jay Walder, CEO of Virgin Hyperloop One, in an announcement with elected officials.
Other candidate states for the facility included Delaware, Georgia, New Mexico, North Carolina, North Dakota, Ohio, South Dakota, Tennessee, Texas and Washington state, according to a company press release.
Construction work is set to begin next year at the capsule assembly facility, safety centers and other operations. The company said business operations are at least a decade old.
It was not clear if the company had received any financial incentives to make West Virginia a more attractive location. A company spokesman said the project will be funded from public and private funds.
Governor Jim Justice said: “When we got close to Virgin Hyperloop, I told them we would do everything in our power to bring this opportunity to West Virginia.”
The Associated Press contributed to this report.