Governor McAuliffe Announces 83 New Jobs in Giles County

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~ Interstate Group LLC to invest $4.1 million to establish East Coast manufacturing and distribution operation ~

 

GLEN LYN, VA – Governor Terry McAuliffe today announced that Interstate Group LLC, an industry leader in the manufacturing and sale of enclosed cargo trailers, will invest $4.1 million to establish a 100,000-square-foot East Coast manufacturing and distribution operation in the former GE Fairchild Mining Equipment plant in Giles County. Virginia successfully competed against North Carolina for the project, which will create 83 new jobs.

“We are thrilled that Interstate Group has selected Giles County and the Commonwealth as the home of its East Coast operations,” said Governor McAuliffe, speaking at the announcement. “This important project will not only create new jobs for an area that has been hard hit by recent closures, it will bring a shuttered plant back into productive use. With one of the nation’s largest transportation networks, an outstanding workforce, and competitive operating costs, the Commonwealth is the ideal location for Interstate Group as it expands its footprint. This is a major win for the New River Valley, and we are proud the company will contribute to our efforts to diversify and build a new Virginia economy.”

 

Founded in 1995, Interstate Group LLC is an industry leader in the manufacturing and sales of enclosed cargo trailers. The company is headquartered in Nampa, Idaho, and has manufacturing plants in Arkansas, Arizona, and Idaho.

 

“Strengthening the advanced manufacturing sector in the Commonwealth continues to be a top priority, and Interstate Group will be a great addition to the growing cluster in the New River Valley,” said Secretary of Commerce and Trade Todd Haymore. “Interstate Group joins nearly 6,000 manufacturing firms that operate in Virginia and generate more than $113 billion in direct annual economic output, and will bring vital, quality jobs to the region. We’re proud to add the company to our corporate roster, and we look forward to a long partnership.”


“Interstate is excited to select Glen Lyn as the location for our fourth and largest manufacturing plant,” said Michael Snow, CEO of Interstate Group. “We looked at other states in the region and at multiple locations in Virginia. The opportunity to repurpose an existing facility, combined with the incentives we received from the Commonwealth and Giles County, will help us reduce the cost of our investment while preserving our culture of high incentive-based pay for our team members. I have been very impressed with the understanding and responsiveness of the state and local officials to our needs and timelines. We look forward to being part of this community and making it the foundation of our growth on the East Coast.”

 

The Virginia Economic Development Partnership worked with Giles County and Onward New River Valley to secure the project for Virginia. Governor McAuliffe approved a $200,000 Commonwealth’s Opportunity Fund to assist the County with the project. The company will be eligible to receive Sales and Use Tax Exemptions on manufacturing equipment, and will also be eligible to receive a Major Business Facility Job Tax Credit. Funding and services to support Interstate Group’s employee training activities will be provided through the Virginia Jobs Investment Program.

 

“This is great news for the entire New River Valley and we are very excited that Interstate Group has chosen Giles County as the location for its East Coast manufacturing facility,” said Richard McCoy, Chairman of the Giles County Board of Supervisors.

“These jobs are much needed in an economy that has been hard hit by downturns in the coal industry” added Dr. S. Lee Wheeler, Chairman of the Giles County Industrial Development Authority. We appreciate the work of the Economic Development Partnership, the Governor’s office, Onward New River Valley, and all of all those involved in making this a reality.”


Office of the Governor
Contact: Brian Coy
Email: Brian.Coy@governor.virginia.gov

 

Virginia Economic Development Partnership
Contact: Suzanne Clark
Phone: (804) 545-5806
Email: sclark@yesvirginia.org

 

Interstate Group LLC
Contact:  Michael Snow
Phone: 208 442 7640
Email: snowm@interstatecargo.com

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Volvo Trucks to Secure 270 Acres Adjacent to the NRV Plant

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~Company acquires 49 acres from the Pulaski County IDA and Enters into a Lease Option Agreement on an Additional 221 acres for Future Business Growth Needs.~

DUBLIN, VA – On December 19th, the Pulaski County IDA, in concert with the Board of Supervisors officially conveyed 49 acres to Volvo Trucks as part of a performance agreement following the satisfaction of the company’s commitment to invest $38.1 million for the construction of a new 36,000 sq. ft. Customer Center and several plant upgrades to further improve the safety, quality and efficiency of NRV’s manufacturing processes, resulting in the creation of 32 new jobs. Volvo Trucks’ business case was to acquire the additional property to the south-western portion of the NRV plant in order to extend their 1.1 mile Customer Experience Track. Volvo Trucks has also entered into a Lease Option-to-Purchase Agreement for an additional 221 adjacent acres owned by the Pulaski County IDA. The IDA has worked with company executives to utilize this creative approach to both satisfy the county’s local incentive obligation and increase opportunities for further capital investments by Volvo Trucks to take place within the County.

“Working with the Pulaski County Board of Supervisors, the Industrial Development Authority and the county staff, these efforts led to the acquisition of the 49 acres and the securing of an additional 121 acres through a lease-option agreement.” said Franky Marchand, Vice President & GM of the Volvo Trucks NRV plant. “Our investments in advanced manufacturing, upgrades in our cab and paint facility and the construction of the new Customer Center were all instrumental in facilitating this important land deal. One of our many competitive advantages stems from providing a unique customer experience here. Extending the Customer Experience Track, our innovative products and services, and interaction with our dedicated employees, makes NRV ‘best-in-class’ for customer experience.”

“Volvo’s land acquisition and the option agreement on the more than 220 acres contiguous to their current operations, has the potential to be one of the most transformative investments the County has recently embarked on,” stated Jonathan D. Sweet, County Administrator. “The IDA’s recent purchase of the adjoining property and the subsequent readying of it for Volvo’s use has significant strategic value and affords our region’s largest employer the ability to further enlarge operations and secure new business, both of which could have a positive yield of new jobs, new investments and new opportunities for the county and our citizens.”

This summer the company introduced their new Volvo VNL series within their new Customer Center. This launch helped gain truck sales by bringing thousands of customers and dealers here to Pulaski County, Virginia During those customer events, the company saw confirmation that they needed to expand the track.

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

NRV No. 11 Best Place to Work in Manufacturing

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NEW RIVER VALLEY, VA – The Blacksburg-Christiansburg-Radford Metro Area, commonly known as the New River Valley, was ranked the No. 11 Best Place to Work in Manufacturing by smartasset in their study this year. Data on 483 metro areas was considered and ranked according to six factors:
  • Manufacturing as a percent of workforce
  • Job growth from 2012 to 2015
  • Job growth from 2014 to 2015
  • Income growth from 2010 to 2015
  • Income growth from 2014 to 2015
  • Income after housing
  Advanced manufacturing can be found throughout Virginia’s New River Valley. The region is home to several major employers including Volvo (Pulaski County), Corning Inc. (Montgomery County), Celanese (Giles County), Kollmorgen (Radford), and Hollingsworth & Vose (Floyd County). Plus, training programs at New River Community College directly support the skills needed to work at companies in our region.  
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  Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.   Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

“How It’s Made” to Visit Korona Candles in Pulaski County

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Discovery Channel’s “How It’s Made” is heading to Dublin, VA to film an episode about candles. Where better to visit that Korona Candles? The film crew will arrive in the NRV on December 15 to showcase tea candles, jar candles, and possibly wax melts.

Korona Candles, based in Poland, is a great representation of Advanced Manufacturing in Virginia’s New River Valley. Pulaski County is home to a growing number of internationally based manufacturers that use advanced technology to more efficiently produces goods.


Read more about Discovery Channel’s visit from Brooke J. Wood at the Southwest Times.


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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.


Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Area Development: British-Based D3O Opens North American Hub in Blacksburg, Virginia

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D3O, a British-based impact protection company and market leader in protective wear and shock absorbing materials, opened a operating base in Blacksburg, Virginia. Located within the Virginia Tech Corporate Research Center, a research park for high-technology companies, the new D3O office, part of the company’s expansion in North America, will serve as the regional hub for sales, marketing and development functions.


Bill VanMullekom, SVP D3O LLC, said: “This move firmly marks our commitment to delivering the best in impact protection technologies to our customer base across North America.


Read the full article on Area Development.


Pulaski County Unveils New Video for #PulaskiCountyIs… Campaign

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PULASKI COUNTY, VA- Pulaski County, in collaboration with the Pulaski County Chamber of Commerce, unveiled a new video to help launch the “Pulaski County Is…” campaign last night at the Chamber’s 65th Annual Dinner. The dinner was hosted at the Volvo Trucks Customer Experience Center in Dublin, VA and drew a audience of about 240 people.


The goal of the campaign is to help communicate the assets in Pulaski County and encourage people to share what #PulaskiCountyIs… to them. Check out the video below.


Pulaski County is… from Nightfire Productions on Vimeo.


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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.


Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Advanced Manufacturing welder

NRV Receives Top Rankings in Virginia in the ‘Best of the Southern Auto Corridor’

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NEW RIVER VALLEY, VA– Virginia’s New River Valley is mentioned as some of the best spots in Virginia by Southern Business & Development magazine’s Best of the Southern Auto Corridor list.

In four out of the ten categories, the NRV was mentioned 7 times. Businesses and assets mentioned include: Volvo, Federal Mogul, Corning, VTTI, and NRCC.

The Volvo Trucks assembly plant is located in Dublin, VA in Pulaski County. The plant is Volvo’s largest hub for manufacturing and employs approx. 2,000 people.

The Virginia Tech Transportation Institute has a 2.2 mile Smart Road that can simulate weather like rain, snow, or fog, and is used to advance transportation and autonomous technology.

New River Community College has one of the best programs for automotive worker training. There is even a dedicated staff member at NRCC that works to support Volvo’s training needs.

In general, Virginia is an excellent place to locate a business in the automotive or advanced manufacturing industry. The law structure and central location to South, Northeast, and Midwest markets make it a very strategic location. Specifically, I-81 runs through the heart of the New River Valley and the region in close proximity to interstates 77 and 64 via I-81, making interstate access easy and convenient.

Falling Branch Corporate Park

Montgomery and Pulaski counties were also mentioned as some of the best places for automotive parts suppliers. There are sites in both counties that would make an excellent fit for businesses in the automotive or advanced manufacturing industries. In Montgomery County, the Falling Branch Corporate Park is an excellent option. The park has graded sites ranging from 3 to 16.7 acres and the county recently acquired an additional 124 acres to develop larger sites. Just off I-81 and highway 460, this park is ready for a new tenant.

NRV Commerce Park

Pulaski County also offers the New River Valley Commerce Park, this site is certified by McCallum Sweeney as an American Electric Power (AEP) Quality Site. The park has robust infrastructure and boasts sites up to 120 acres.

SheaDawn Park Rail

SheaDawn Park, a private development in Pulaski County, also boast excellent infrastructure and a rail spur. Twenty-two miles of the Crescent and Heartland rail corridors converge in Virginia’s New River Valley, which is easily accessible at ShaeDawn.

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Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Roanoke Times: NRV to Lure Robots to Town as Autonomous Industry Booms

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BLACKSBURG, VA– The NRV begins training part of its focus on the Unmanned Systems industry with a tour of Virginia Tech’s new drone cage and the Smart Road at the Virginia Tech Transportation Institute at the end of a conference hosted by the Ridge and Valley chapter of the Association for Unmanned Vehicle Systems International.

Photos by Matt Gentry, Roanoke Times

Read more from regional leaders like John Provo, director of the Virginia Tech Office of Economic Development; Charlie Jewell, executive director of Onward NRV; and Michael Fleming, CEO of TORC Robotics in the full Roanoke Times article.

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Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

NRV #10 in High-Tech Employment Concentration

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New River Valley, VA – The Blacksburg-Christiansburg-Radford MSA (commonly known as Virginia’s New River Valley) is the 10th most concentrated metro for number of jobs in high-tech industry, according to an analysis by Select USA. Of jobs in the NRV, 24.5% are in the high-tech industry. According to the analysis, high tech jobs are those that, “rely heavily on a skilled and educated workforce, act as innovative producers in our economy, and create and utilize advanced technologies.”


Because of the current base of technologically advanced jobs in the NRV and the region’s suitability for hosting this job market, Information Technology is one of the target industries of focus for the NRV. Our focus on Information Technology can be broken down into 4 sub-categories: Software Development, IT Support Services, Cybersecurity, and Digital Creatives. High-tech jobs also fall under other targeted industries in the NRV like Unmanned Systems and Advanced Manufacturing.


Virginia’s New River Valley has some of the best access to talent in tech industries. Considering it is a great place to live with a more affordable, down-to-earth culture, and exceptional access to research and innovation, the NRV is a natural fit for growing high-tech companies.


For more information about the Select USA high-tech industry study, click here.

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Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.


Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Visitors from VEDP stand at the Falling Branch Corporate Park on a beautiful day.

VEDP Visits Virginia’s New River Valley

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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.

A group from VEDP prepares to tour the Phoenix Packaging facility in Pulaski County, Virginia

With an aggressive schedule, the team was able to make 15 stops on their short tour.

Robotic manufacturing arm at New River Community College in Pulaski County, Virginia

For Advanced Manufacturing, visits included a tour of Phoenix Packaging in Pulaski County and a tour and lunch at New River Community College to see the training programs in Electronics Technology, Instrumentation and Control Automation, and more.

The group was only willing to leave the 3D printers and unmanned robotics to view open sites in the NRV suited for manufacturing companies. (Former GE/Fairchild Building in Giles County, NRV Commerce Park in Pulaski County, Falling Branch Corporate Park in Montgomery County)


To learn more about Information Technology in the NRV, the group toured Rackspace to learn about existing industry and Radford University’s ARTIS lab, which provides a top-knotch learning environment for students who leave ready to enter the workforce.

Sign on the window of Radford University Artis Lab in Radford, VA

The group was also able to see suitable sites for IT companies such as the Floyd Innovation Center and Wheatland EcoPark in Giles County.

Outside the Floyd Innovation Center in Floyd County, VA.

Information about Food and Beverage Processing manifested in a tour of the Virginia Tech Food Science and Technology facilities including the Sensory Evaluation Lab, Food Safety Pilot Plant, the on campus brewhouse, and more.

A tour and wine tasting at Chateau Morrissette in Floyd County gave VEDP an inside look at existing industry in the NRV as well.

Outside of Chateau Morrissette in the mountains of Floyd County, VA.

The beauty of Virginia’s New River valley was not overlooked. The traveling during to tour allowed for beautiful scenic routes and stops at mountainous overlooks. A delicious breakfast at the Pete Dye River Course in Radford, VA provided an additional view of the New River. Meals during the tour were catered by Prestons at the River, The Blue Door Cafe at Draper Mercantile, The Palisades, and The Floyd Country Store.

The tour ended with a visit to New Rivers Edge Outfitters, which gave the crew a taste of the outdoors and a look at what living in Giles County and the rest of the New River Valley is like: A Natural Fit.

New RIvers Edge Outfitters