RICHMOND - Governor Terry McAuliffe announced today that North Carolina-based Performance Livestock and Feed Company, Inc., will invest $4.2 million to establish a new feed production operation in Henry County. The family-owned business will increase production by 50 percent over the next three years, and commit to purchasing nearly $11 million in Virginia-sourced grains and other feed ingredients. Virginia successfully competed against North Carolina for the project, which will create 32 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that lightweight metals leader Alcoa will invest more than $8 million to expand its aerospace forging capabilities at its Alcoa Titanium & Engineered Products manufacturing operation in Henry County. The investment will add a new grinder and two new forge furnaces, doubling the facility’s forging capacity and creating 15 new jobs paying above the average prevailing wage in the region. Alcoa expects to complete the expansion by the end of this year.
RICHMOND - Governor Terry McAuliffe announced today that Ballast Point Brewing and Spirits will invest $47.8 million to establish an East Coast brewing operation in Botetourt County. The Governor met with company officials at their headquarters in San Diego during his September 2015 West Coast Marketing Mission. Virginia successfully competed against several Eastern states for the project, which will create 178 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.
RICHMOND - Governor Terry McAuliffe announced today that Woodgrain Millwork, a family-owned and operated company headquartered in Idaho, will expand its door and window component manufacturing facility in Smyth County. The company will create seventeen new jobs in the county and source 78 percent of its timber needs from Virginia land owners. Virginia successfully competed against North Carolina for the project.
RICHMOND - From: Coy, Brian (GOV)
Sent: Thursday, April 07, 2016 11:06 AM
To: Coy, Brian (GOV)
Subject: Governor McAuliffe Announces 76 New Jobs in Franklin County
Commonwealth of Virginia
Office of Governor Terry McAuliffe
FOR IMMEDIATE RELEASE
Date: April 7, 2016
Office of the Governor
Contact: Brian Coy
Email: brian.coy [at] governor.virginia.gov
RICHMOND - Governor Terry McAuliffe announced today that specialty yarn producer Drake Extrusion, Inc., a subsidiary of International Fibres Group (IFG), will invest $6 million to expand its manufacturing operation in Henry County. The company is a leading manufacturer of colored staple and filament polypropylene fiber. The project will create 30 new jobs.
RICHMOND - The Virginia Economic Development Partnership (VEDP) announced today that QubicaAMF Worldwide, the leading marketer and manufacturer of bowling and mini bowling products, has selected new partners in Chile and Peru to develop its bowling entertainment business in each market. QubicaAMF is a participant in VEDP’s marquee export promotion program, the Virginia Leaders in Export Trade (VALET) program, designed to accelerate the success of Virginia companies in international markets.
RICHMOND - Governor Terry McAuliffe announced today that Merck, known as MSD outside of the United States and Canada, a global health care leader, will invest $168 million to expand its manufacturing operation near the Town of Elkton in Rockingham County. Over a period of time, Merck will upgrade plant infrastructure, add manufacturing-related facilities and equipment, and undertake a personnel training initiative to support the bioprocessing environment.
RICHMOND - The Virginia Economic Development Partnership (VEDP) announced today that NOVA Power Solutions, Inc. (NOVA), a leading supplier of high-quality power solutions, has increased sales into its export markets as a result of the company’s participation in Virginia’s international trade programs. Through VEDP-led market visits to Eastern Europe and the Middle East in 2013, 2014 and 2015, NOVA found new customers in Europe and the Middle East. Two visits to Canada also led to increased sales in NOVA’s North American market.