Governor Terry McAuliffe today announced that Koinonia Ltd., a Brazilian-based manufacturer of foam and tape solutions for the automotive, refrigeration (HVAC), marine, construction, and heavy machinery industries, will invest $4.9 million to establish its first U.S. manufacturing operation in the ShaeDawn Industrial Park in Pulaski County.
Sixteen team members from Virginia Economic Development Partnership, hosted by Onward NRV staff, visited Virginia’s New River Valley from August 23-24 to learn more about the region’s communities and targeted industries.
Two companies in Montgomery County were awarded a total of $406,500 in grant money by The Port of Virginia Economic and Infrastructure Development Grant Program, which is made to facilitate the growth of the port by putting investment into maritime related business.
The Blacksburg metro, known locally as the New River Valley, recently ranked 3rd out of 25 among metros with high ratio of IT graduates to IT jobs.
According to safewise, Virginia has the 3rd lowest violent crime rate in the country, making it overall a safe state. Many of the communities in the NRV rank as some of the safest in the commonwealth.
Blacksburg’s tailgating atmosphere embodies the New River Valley, a region defined by welcoming and inclusive small towns. In fact, in 2016, Virginia Tech and Blacksburg were ranked #6 for having great town-gown relations by the Princeton Review in response to their annual survey which asked students whether they got along with their local community.
Governor Terry McAuliffe today announced that Spectrum Brands, Inc. is investing $7.28 million over the next couple years in its Montgomery County operation to purchase equipment and upgrade its production processes.
The New River Valley is among the top college destinations in the country, according to the American Institute for Economic Research (AIER).
WalletHub’s data team compared communities in Virginia across 21 key indicators of family-friendliness.
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