A Pennsylvania company is set to produce the steel pipe for a proposed $5 billion pipeline that would deliver natural gas to the Southeast.
Energy provider Dominion Resources Inc. and its partners on the Atlantic Coast Pipeline said Wednesday they’ve signed a more than $400 million agreement with Dura-Bond Industries for the pipe.
The 550-mile Atlantic Coast Pipeline would run through West Virginia, Virginia and North Carolina. It’s a joint venture between Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources.
If approved by federal regulators, the pipeline is expected to be in service by late 2018.
Dura-Bond is set to begin producing the 42-inch and 36-inch pipe at its Steelton, Pennsylvania, mill later this year. It plans to hire about 150 workers to produce the pipe through March 2017.