Simmons Equipment Company, a specialty mining equipment manufacturer, will invest $8.5 million to expand manufacturing operations into Russell County, creating 75 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that Lohmann Specialty Coatings LLC, a subsidiary of Lohmann Corporation and Subsidiaries, will invest $6.7 million to expand its manufacturing operation in Orange County. The company, which manufactures adhesive bonding materials for custom coating of adhesives, slit rolls, double-sided tapes, and precision die-cutting, will increase capacity to include fabricating and specialty converting, creating 56 new jobs. Virginia successfully competed against Kentucky and West Virginia for the project.
LS GreenLink to invest over $680 million to locate HVDC submarine cable manufacturing facility in the City of Chesapeake, creating over 330 new jobs.
The annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness to determine which states are delivering most effectively on the things that mean the most to business.
Virginia Panel Corporation is investing $11 million to relocate and expand its current machine shop and implement an enterprise manufacturing system and implement an enterprise manufacturing system in the City of Waynesboro.
11 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program and 14 companies have joined the two-year program.
Vince Barnett serves as the Industry Leader - Data Centers at the Virginia Economic Development Partnership, where he provides leadership and his data center expertise for the wider benefit of the Commonwealth.