June 4th 2015
NEWELL, W.Va. -- A major investment is being made in Hancock County at the site of the former Oak Glen football stadium.
A groundbreaking ceremony was held Thursday to celebrate the new business -- Hancock County Chrysler. They say it’s going to be bigger and better than the one already in town.
“It’s really exciting,” owner P.J. Latsko said.
The business is currently running just a few blocks from its future home.
It’s a $5.5 million investment that will bring in a total of 40 jobs and an annual payroll of $1.2 million.
"(It’s) not only great for Newell but for Hancock County and the area,” Hancock County Commissioner Michael Swartzmiller said. “They sell lot of cars. There's going to be a lot of traffic, a lot of collateral business by just the visitors here.”
Once construction is complete, there will be a 23,000-square foot facility and 250 car spaces.
There will also be a little piece of the stadium will stay here. Latsko plans to keep the Memorial Wall.
"We think that's very important for the community,” Latsko said. “It's been here for a long time and it's very important.”
It’s one of three properties the Business Development Corporation of the Northern Panhandle purchased from Hancock County Commissioners.
"So this is an exciting day, and literally just over the last 6 weeks, we are probably looking at close to $10 million in investment and over 60 jobs that are going to be preserved or created in our region,” said Pat Ford, executive director of the BDC.
Latsko said they hope the new dealership is open and ready for business in January.
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