Crenshaw Lighting Expands VIrginia's New River Valley

Crenshaw Lighting Expanding in Floyd County

/0 Comments/in , , /by

FROM FLOYD COUNTY, VA – Floyd County today announced that Crenshaw Lighting is expanding in Floyd, Virginia. The project will create 56 jobs, for a total of 120 jobs. The Tobacco Region Revitalization Commission approved a $100,000 Tobacco Regional Opportunity Fund grant and $50,000 loan for this project.

Crenshaw Lighting Expands, Virginia's New River Valley

Tobacco Commission Executive Director, Evan Feinman said, “Supporting existing businesses when they wish to expand is an important part of the Tobacco Commission’s mission. Crenshaw has proven to be a valuable community partner and I am glad the Commission approved these funds to help them grow their business in Floyd County.”

Crenshaw Lighting is an award-winning decorative custom lighting and historic restoration lighting manufacturer that has been crafting exceptional lighting since 1957. Dedication to this tradition, collaboration with world-class lighting specifiers, and pioneering leading edge technology solutions in decorative lighting remain Crenshaw’s guiding principles in the 21st century.

Patrick Daley, owner of Crenshaw Lighting, said “Our work calls for great skill, complexity, and execution on a monumental scale. We are excited to be expanding our work in Floyd where the craftsmanship is exceptional. The facility we are renovating for expansion will be a showcase for our work and the community.”

Floyd County, in cooperation with the Economic Development Authority of Floyd County, will be providing a $500,000 loan to help expedite the renovation and job creation.

Lauren Yoder, Chairman of the Floyd County Board of Supervisors, said, “We are delighted to help support the expansion of Crenshaw Lighting. “We are very proud that the lighting that adorns the US Supreme Court, US Capitol, state houses, universities, and historic buildings around the country, were custom made right here in Floyd County. We look forward to their growth and continued success.”

The new jobs will include shop workers doing welding, machining and buffing, as well as designers and engineers. The wages will be significantly above the average local wage of $13.80/hour.

Jon Beegle, Chairman of the Economic Development Authority of Floyd County, added, “Crenshaw Lighting works closely with our high school Career and Technical Education programs, like welding and machining, which helps students and the company. And they continue to train individuals on-the-job to help them become master craftsmen. Crenshaw Lighting demonstrates our strengths in Floyd County— creativity, innovation and craftsmanship. Supporting the businesses that are already part of our community is a high priority for us. We are very grateful and excited that they are investing more and growing here in Floyd.”

###

Media Contact: Lydeana Martin
Economic Development Director
Floyd County, Virginia
lmartin@Floydcova.org
540-745-9300

About Floyd County and the Board of Supervisors

Floyd County is located in southwest Virginia along the Blue Ridge Parkway and between Interstates 81 and 77. The County is a dynamic rural community with a population of 15,755. Floyd County is governed by the 5-member Board of Supervisors. The County Administrator is Terri Morris. The Board of Supervisors works closely with the EDA and staff to help businesses locate or expand in Floyd County. www.floydcova.org.

About The Floyd County EDA

The Floyd County Economic Development Authority (EDA) is comprised of 7 community volunteers. Floyd County’s Community and Economic Development Director, Lydeana Martin, serves as lead staff to the EDA. Together they work to find solutions to improve the local economy by offering programs that support existing businesses, start-up businesses and by attracting new “right-fit” businesses to the community.

Learn More: www.yesfloydva.org.
To learn more about visiting, see www.VisitFloydVA.com.

###

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 all 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.

Aeroprobe MELD logo, Virginia's New River Valley

Aeroprobe Corporation Commercializes MELD Technology

/0 Comments/in , , /by

~Machine sales and manufacturing services will be managed by newly-announced subsidiary, MELD Manufacturing Corporation~

FROM MONTGOMERY COUNTY, VA – On Thursday, April 12, 2018, Aeroprobe Corporation announced MELD, its proprietary manufacturing technology, is moving into a new phase of commercialization that includes the spinout of MELD Manufacturing Corporation. These announcements come after more than a decade of research and development for the MELD process.

“Our technology is truly unique,” noted MELD CEO Nanci Hardwick. “We identified an area in the additive manufacturing industry that could be improved upon and put a lot of time and effort into making it happen. The MELD process is a game changer in the additive manufacturing field and beyond.”

Aeroprobe MELD logo, a revolutionary manufacturing process for metal created at Aeroprobe in Virginias New River Valley

The company holds more than a dozen patents for MELD, a process that can be used for a wide range of materials, including metal powders and rods. It can also be used with metal chips that would normally be discarded in other processes, making it a viable option for a green alternative.

“What sets us apart from other technologies is that we aren’t melting,” explained Additive Manufacturing Manager Chase Cox, “When you melt, you introduce weakness and other issues. By taking the material up to a point where it is malleable but not melted, we end up with properties that meet or exceed similar processes and, in some cases, even those of the original material.”

While a few other processes offer the ability to work with materials without melting, MELD is further differentiated by being open atmosphere, meaning no special chambers or vacuums are needed to operate a MELD machine.

“Being open atmosphere means less equipment and fewer headaches,” continued Cox, “From a manufacturing standpoint, it also means that MELD isn’t limited in the size of the parts it can make. Compared to similar processes, we can make parts that are not only bigger, but also superior in quality and material options.”

Beyond additive manufacturing, the MELD process can be used to repair, coat, and join materials. The novelty of the technology also means that welding previously unweldable materials is a possibility.

“I was very excited the first time I saw the MELD technology,” notes Paul Allison, Assistant Professor at the University of Alabama, which already owns a MELD machine. “It was and still is obvious that MELD provides a breakthrough in manufacturing technology that overcomes the technical barriers of fusion-based processes. That innovation is why I was eager to purchase a MELD machine and to work with the MELD team to pioneer research for this technology,” stated Allison.

The MELD process promises to innovate a number of industries, from automotive and aerospace to defense and turbomachinery. MELD Manufacturing will offer machine sales in addition to contract manufacturing and consulting services.

“This is just another example of the technical innovations that are occurring in the New River Valley,” said Chris Tuck, Chair, Montgomery County Board of Supervisors. “The Montgomery County Board of Supervisors continues to support our local businesses in growing and making world-wide impacts,” said Tuck.

“I’m both proud of and excited about this home-grown technology in Montgomery County,” said Vice Chair of the Montgomery County Board of Supervisors, April DeMotts. “It is clearly evident that the impact of this cutting-edge technology will reach far beyond Virginia,” said DeMotts.

About MELD Manufacturing Corporation

Established in 2018, MELD Manufacturing Corporation holds more than a dozen patents for MELD and facilitates contract manufacturing and consulting services as well as MELD machine sales. MELD is an innovative and unique patented technology that revolutionizes the additive manufacturing industry. MELD is the first process to give you the power to build 3D parts in solid state, producing better quality, scalable parts faster using a variety of materials and metals. Learn more at www.meldmanufacturing.com.

###

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 all 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.

Governor Northam Announces 60 New Jobs in Giles County

/0 Comments/in , , , /by

~Cogar Manufacturing to invest $2.5 million to relocate and expand manufacturing operation~

RICHMOND, VA – Governor Ralph Northam today announced that Cogar Manufacturing, a manufacturer of material handling equipment primarily for the natural resource industries, will invest $2.5 million to relocate its manufacturing operation from Beckley, West Virginia, to the former Caterpillar facility in Giles County. The company has expanded its manufacturing capabilities with the addition of a patented water removal and feeder system for coke producers, increasing Cogar’s customer base and requiring the expansion of its manufacturing footprint. The project will create 60 new jobs.

“Cogar Manufacturing’s decision to move operations from West Virginia to Giles County and expand production is a great testament to the Commonwealth’s competitive operating costs, extensive transportation network, and robust workforce,” said Governor Northam. “The New River Valley’s manufacturing community is booming, and Cogar will be a strong addition. I am thrilled that this new addition will revitalize a vacant facility and create 60 quality jobs in the local economy. We are proud to add another impressive manufacturer to the Commonwealth’s corporate roster, and look forward to Cogar’s future success in Giles County.”

Cogar Manufacturing was established in 1979 and has grown throughout the years, thanks to the dedication of its employees and the help of its customers. Headquartered in Beckley, West Virginia, the company has over 100 years of combined experience manufacturing new equipment and rebuilding existing equipment. Cogar manufactures crushing machines and materials handling and conveying equipment, primarily for the natural resource industries, but has been expanding into refineries and barge and ship transloading. The company has manufacturing facilities in West Virginia and Illinois and a sales and operations office in Texas.

“We are thrilled to welcome Cogar Manufacturing to Giles County and the Commonwealth, and look forward to building a successful partnership,” said Secretary of Commerce and Trade Esther Lee. “Cogar will move into the former Caterpillar facility in Pearisburg, bringing 60 critical employment opportunities back to the region. Virginia’s robust manufacturing workforce of over 240,000 guarantees a solid pipeline of talent for years to come, and we are confident that Cogar Manufacturing will be pleased with its decision to relocate to the New River Valley and the Commonwealth.”

John Cogar, Vice President of Cogar Manufacturing, expressed gratitude to the Commonwealth and to Giles County for the support offered to Cogar in making this decision to move to Virginia: “We are excited about the facility, which offers our company a viable opportunity to expand; we are excited about the work force of Giles County, which offers our company a highly qualified and experienced employee base, and we are grateful to the Commonwealth of Virginia and Governor Northam for supporting our efforts through a grant from the Commonwealth’s Opportunity Fund.”

The Virginia Economic Development Partnership worked with Giles County and Onward New River Valley to secure the project for Virginia. Governor Northam approved a $150,000 Commonwealth’s Opportunity Fund investment to assist the County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“We are very pleased that Cogar has chosen Giles County for its expansion. They represent true American manufacturing and will bring quality job opportunities here for our citizens,” said Board of Supervisors Chairman Jeff Morris.

“This is another great project for Giles County and a testament to the quality of resources, infrastructure, and workforce, that exists in the New River Valley,” added Giles County’s Industrial Development Authority Chairman Dr. S. Lee Wheeler.

“I’m proud of Giles County’s efforts to continue building on recent economic successes, which have brought more than 100 new jobs to the County in recent months,” said Delegate Chris Hurst. “We look forward to welcoming Cogar Manufacturing to the New River Valley.”

“I am very pleased that Cogar Manufacturing chose to relocate to Giles County,” said Senator John Edwards. “The collaborative efforts of Giles County and State Agencies in processing the opportunity funds will greatly benefit the region by providing 60 jobs at the former Caterpillar facility in Pearisburg. I welcome Cogar Manufacturing and commend them for investing in Virginia’s economy and the future of Giles County.”

Full Release

Office of the Governor
Contact: Ofirah Yheskel
Email: Ofirah.Yheskel@governor.virginia.gov

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

Cogar Manufacturing
Contact: John Cogar
Phone: (304) 252-4435
Email: jcogar@cogarmanufacturing.com

###

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 all 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.

Chartio to Expand to Blacksburg

/0 Comments/in , , , /by

BLACKSBURG, VA – Chartio, a cloud-based data company out of San Francisco, is expanding to Downtown Blacksburg. Chartio’s new offices will be located in The Brownstone Building. Chartio will hire five new engineers this year, and plans to increase by 10-15 more in the next three.

The tech company creates charts and interactive dashboards for businesses. Some of their clients include Squarespace, GAP, Prezi, and Blackboard.

This is a great addition for the New River Valley’s growing base of companies in the Information Technology industry.

Read more from WDBJ7. Check out Chartio’s Career page to apply for open positions in Blacksburg.

###

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 all 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.

Pulaski County and the Town of Pulaski Announce 40 New Jobs

/0 Comments/in , , , /by
~Newcan Corporation to Invest $4 Million and Locate Headquarters and Manufacturing Operations to Pulaski County~
PULASKI, VA – On January 17, 2018, Pulaski County in partnership with the Town of Pulaski officially announced Newcan Corporation is moving their headquarters and their main production facility from Holbrook, Massachusetts to Pulaski, Virginia. The move will bring 40 new jobs and an investment of $4 million to Pulaski County. Newcan is a recognized leader in the production of high-quality precision stampings and perforated components. The company has a rich history dating back to 1902, and has pioneered many innovative techniques, resulting in an annual production of over 350,000,000 components. “We are an ISO/TS16949-registered supplier and our commitment to quality is second to none,” stated Rick Boettner, Chairman of Newcan. “We have a great relationship with the Town and County of Pulaski, so when we acquired Newcan it made good sense we would move it to Pulaski because of its premier location and its quality of workforce.” “In today’s competitive market, I commend Falls Stamping and Welding for the innovation and vision to expand its current capabilities with a new business unit,” said Governor Ralph Northam. “A key aspect of strengthening our economy is ensuring that existing companies of all sizes continue to thrive in the Commonwealth. We thank this important corporate partner for creating 40 new jobs in Pulaski County, and look forward to Falls Stamping and Newcan Corporation’s future success.” Newcan will be moving into its new home at 28 Jefferson Street in the Town of Pulaski. The facility currently houses Falls Stamping and Welding. Falls will continue to operate within the facility and both companies will have the same management team and ownership, though the companies will make different products and have different customer bases. “Newcan allows us to diversify our product offerings and enables us to increase our customer relationships,” stated Rick Boettner. “Newcan and Falls Stamping both have high standards for quality and customer service and we think having them together in the same facility will make them both even better.” “It is becoming ever more important for Pulaski County to partner with our Towns to recruit business and industry and provide the support needed to help them stabilize and grow in today’s competitive marketplace,” stated Jonathan D. Sweet, County Administrator. “This is our first announcement of 2018 and it happens to be an excellent example of partnership, pragmatism, and teamwork on both the public and private side of the equation. We are so very thankful for Newcan and its leadership’s decision to locate their headquarters and main production operations to Pulaski County, and we feel confident this strategic move will afford Newcan and Falls Stamping the synergies needed to ensure they remain industry leaders in the precession stamping and perforated components arena for many years to come.” Newcan is a major supplier to the automotive and industrial filter industry and offers the largest assortment of lock seam tubes available on the market today. They have progressive tooling, feeding, and straightening concepts that allow high-speed production of the most precise stampings at speeds up to 250 parts per minute. “We have a lot happening in downtown Pulaski and we are excited Newcan has decided to make their new home here,” shared Mayor Nick Glenn, Town of Pulaski. “We are in the process of revitalizing our Main Street and we could not be more pleased to add these new jobs and investments to our local economy. This is also another example of the County and Town working together to better our community as a whole.” The company will be starting the move in February with hopes to having the facility up and running by July of 2018. Newcan operates three facilities throughout the U.S. that include Greenfield, OH, Gastonia, NC and now Pulaski, VA. This project marks the fifth (5th) basic industry sector announcement for Pulaski County in the past nine (9) months and brings the County’s 9-month totals to 645 new jobs and $65 million in new capital. Pulaski County, Virginia Jonathan D. Sweet ICMA-CM County Administrator Phone: (540) 980-7705 Email: jsweet@pulaskicounty.org Newcan Corporation Jason L. Taft Chief Financial Officer and V.P. of Sales Phone: (440) 263-1961 Email: jason.taft@falls-stamping.com
###
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.

Governor McAuliffe Announces 83 New Jobs in Giles County

/0 Comments/in , , , /by

~ 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

###

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.

JBR Vineyards to Open New Farm Winery in Giles County

/0 Comments/in , , , /by

RICHMOND, VA – Governor Terry McAuliffe today announced that JBR Vineyards, LLC will expand its vineyard operation to open a farm winery in Giles County. The company will invest over a quarter of a million dollars in the construction of its new winery and tasting room, which will create two new jobs. JBR planted Giles County’s first vineyard in 2006 and plans to now expand the vineyard substantially to support its wine production. Through this expansion, JBR will use over 14 tons of Virginia-grown grapes in its wines over the next three years.

“JBR Vineyard’s continued growth and investment in Giles County is great news for Virginia’s rural areas and agriculture sector overall,” said Governor McAuliffe. “Investments like these create jobs and open new markets for agritourism in the region. Today’s announcement is a great win for Virginia’s agriculture industry as we continue with our ongoing efforts to build and diversify the new Virginia economy.”

“Through its commitment to producing high quality estate wines, JBR Vineyards is furthering Virginia’s efforts at growing this important sector of the economy,” said Secretary of Agriculture and Forestry Basil Gooden. “I am pleased the Commonwealth could partner with Giles County through the AFID Program to support this local business in a flourishing industry.”

“The vineyard/winery industry in Virginia is starting to be noticed,” said co-owner of JBR Vineyards LLC and Giles County native Jessee Ring. “With our vineyard expansion, new facilities were needed and we chose to do that at the Giles County vineyard. We appreciate the help we have gotten from the County and the Commonwealth. We look forward to continuing this exciting journey!”

“We are excited that VDACS and the Governor’s Office continue to promote and support new business opportunities like JBR Vineyards,” said Chris McKlarney, Giles County Administrator. “Giles County is pleased to join with our Commonwealth of Virginia partners in the effort to expand our economy and create new jobs for our citizens. Agriculture is important to Giles County and the addition of a vineyard and winery will provide additional tourism opportunities for visitors to Virginia’s Mountain Playground.”

The Virginia Department of Agriculture and Consumer Services worked with Giles County and JBR Vineyards to secure this project for Virginia. Governor McAuliffe approved a $5,000 grant from the Governor’s Agriculture and Forestry Industries Development Fund, which Giles County will match with local funds.

Full Release

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

Virginia Department of Agriculture and Consumer Services
Contact: Elaine Lidholm
Phone: (804) 786-7686
Email: Elaine.Lidholm@vdacs.virginia.gov

JBR Vineyards, LLC
Contact: Jessee and Deborah Ring
Phone: (540) 250-7293

Charlotte Gomer
Assistant Communications Director
Office of Governor Terence R. McAuliffe
Charlotte.Gomer@governor.virginia.gov

###

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.

Governor McAuliffe Announces 40 New Jobs in Pulaski County

/0 Comments/in , , /by

Governor McAuliffe’s office released the following press release earlier today:


~Koinonia Ltd. to invest $4.9 million to establish first U.S. manufacturing operation~


PULASKI COUNTY – 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. Virginia successfully competed against Indiana, North Carolina, Ohio, and Tennessee for the project, which will create 40 new jobs.


“Koinonia’s first U.S. manufacturing operation is an important win for the commonwealth and the New River Valley,” said Governor McAuliffe, speaking at the event. “Pulaski County’s strategic location and the region’s thriving automotive industry present solid future opportunities for the company as a supplier, pushing Virginia ahead of our competition. Koinonia selecting the commonwealth as its gateway to the U.S. market speaks volumes about our business environment and workforce, and we are proud the company will join our efforts to build a new Virginia economy.”

Founded in 2016, Koinonia (also known as Koi Foams) is a subsidiary of Koinonia Fitas e Pecas Tecnicas e Espumas Ltda, a Sao Paulo, Brazil-based company founded in 2009 that has a well-established customer base in Brazil. The company will manufacture industrial-scale ribbons and technical parts made from polyethylene, ethylene propylene diene monomer (M-class) (EDPM) rubber, nitrile rubber (NBR), neoprene, other rubbers, polyvinyl chloride (PVC), and a variety of flexible materials. Koinonia’s core values include: effective service, honesty, quality, respect, professionalism, commitment, appreciation of people, and transparency and integrity in business relations.


“It’s an honor to welcome Koinonia to Pulaski County and to the growing sector of international advanced manufacturing companies, which currently represent more than $118 billion in direct annual economic output across Virginia,” said Secretary of Commerce and Trade Todd Haymore. “Koinonia is a supplier to a variety of industries and companies and undoubtedly will be a key economic asset to the New River Valley.”


“After searching different U.S. states for our plant, we at Koinonia decided to open our doors in Virginia for various reasons, including the great support from state and local authorities, lower cost of living, lower cost of energy, and the talented workforce from local colleges and universities,” said Koinonia Chief Operating Officer Marcio Lopes. “Virginia welcomed us with open arms, and it has been an honor and privilege to work with the Onward NRV team and, specifically, the people from Pulaski County.”


The Virginia Economic Development Partnership worked with Pulaski County and Onward New River Valley to secure the project for Virginia. Governor McAuliffe approved a $100,000 grant from the Commonwealth’s Opportunity Fund to assist the County with the project. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.


“We are thankful to the Governor and his economic development team for their support and assistance with securing this, our third new jobs announcement this year. These successes have yielded more than $55 million in new capital investments and approximately 200 new jobs for Pulaski County,” stated Jonathan D. Sweet, County Administrator, Pulaski County. “The Board of Supervisors has made it a priority for Pulaski County to become the center of international business and the advanced manufacturing hub of Southwest Virginia, and Koinonia’s commitment to join our esteemed international business community is further confirmation of our strategic efforts. The Koinonia family will be Pulaski County’s eighth international business that collectively represents more than 3,850 jobs in the New River Valley region of the Commonwealth, and we are immensely honored to have earned the company’s investment, trust, and friendship.”


“Koinonia’s investment and creation of 40 jobs is great news for the region and is a testament to the strength of the business environment created by Pulaski County with another international company calling the County home,” said Senator Ben Chafin. “Koinonia will be a wonderful addition to the County and business community. Creating advanced manufacturing jobs and opportunities is essential to growing the economy, and Koinonia will be an asset to success in the New River Valley.”


“The New River Valley is looking forward to having Koinonia as an additional partner in our global manufacturing efforts,” said Delegate Nick Rush. “We are confident the company will build strong relationships with local businesses, as Pulaski County’s established industries and companies recognize the importance of growing our region and supporting new opportunities. On behalf of the Seventh House District and the Commonwealth, I’m happy to welcome Koinonia to the New River Valley!”


###


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

The Port of Virginia Awards Hubbell Lighting, Inc. and Wolverine Advanced Materials $406,500 in Grant Money

/0 Comments/in , , , /by
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. Hubbell Lighting, Christiansburg, was awarded $315,000 and Wolverine Advanced Materials, Blacksburg, $91,500. The grant is available from 2014-2020 with a maximum for each grant at $500,000 each year, to an annual total of up to $5 million. Hubbell Lighting yellow and black logo Hubbell Lighting, Inc. is one of the largest lighting manufacturers in North America and services commercial, residential, and industrial markets all over the world. Hubbell invested an additional $6.015 million dollars and created 100 new jobs in the New River Valley in 2015 and is consistently a world leader in lighting innovation. New River Valley company, Wolverine red and black logo Wolverine uses the Port of Virginia to export their high-performance materials used in automotive and industrial noise reduction to key markets in China and India. In 2014, Wolverine invested $10.625 million and created 93 new jobs to expand its materials manufacturing operation. This grant program is an excellent opportunity for business in our area and helps exporting businesses continue to invest in our region. For more information about the Port of Virginia’s grant, visit the ED + Infrastructure Grant Program page.The Port of Virginia Ship linked to the Grant Program Webpage  

Governor McAuliffe Announces Spectrum Brands to Retrain Employees in Montgomery County

/0 Comments/in , /by

Company invests nearly $7.3 million in Pet, Home & Garden Division; Upgrades Equipment

FOR IMMEDIATE RELEASE

Date: April 19, 2017

Commonwealth of Virginia Office of Governor Terry McAuliffe

RICHMOND– Governor Terry McAuliffe today announced that Spectrum Brands, Inc., a global consumer products company offering an expanding portfolio of leading brands, is investing $7.28 million over the next couple years in its Montgomery County operation to purchase equipment and upgrade its production processes. Spectrum Brands will receive funding from the Virginia Jobs Investment Program (VJIP) to support the retraining of existing employees on the new machinery.

“Spectrum Brands has been a vital corporate partner to Montgomery County for 25 years, and it is exciting to see this international company reinvest in its operation and workforce here in the Commonwealth,” said Governor Terry McAuliffe. “The advanced manufacturing industry is evolving rapidly, and retraining employees to learn new skills and processes is critical to keeping jobs in Virginia. We thank Spectrum Brands for its commitment to the New River Valley and for helping us diversify and build the new Virginia economy.”

“Spectrum Brands’ decision to invest in its Montgomery County operation and to retrain more than half of its workforce on new equipment is a great testament to the region’s business climate and talented workforce,” said Secretary of Commerce and Trade Todd Haymore. “Existing businesses are the heart of every successful economy, which is why retraining efforts are so significant. In Virginia’s ever-changing, over $100 billion manufacturing industry, ensuring that the workforce has the skills of the 21st century is paramount. We are confident that with this investment, Spectrum Brands will continue to thrive in the Commonwealth.”

Spectrum Brands – Pet, Home & Garden Division is a leading supplier of well-recognized consumer products for pet supply markets globally, and for the home, lawn and garden, insect and weed control markets nationally. Its companion animal products include treats, clean-up and training aid products, health and grooming aids, and bedding marketed under brands such as 8-in-1®, Dingo®, Digesteeze™, Healthy-Hide®, FURminator® and Nature’s Miracle®, and in pet food in Europe, IAMS® and Eukanuba®. In aquatics, Tetra® is the premium brand name with products including fish food and water treatments, aquariums, filters, heaters and other supplies. The division’s home & garden product portfolio includes highly recognized and trusted brands such as Spectracide®, Garden Safe®, Hot Shot®, Cutter®, Repel®, Black Flag® and Liquid Fence®.

“Blacksburg has been central to the success of our aquatics brands for more than 20 years, and our manufacturing center there has grown into a major production facility for our entire division,” said John Schostek, Vice President, Global Operations – Spectrum Brands Pet, Home & Garden Division. “Our company continues to grow, and we plan to invest in the Blacksburg plant to upgrade and expand its capabilities. The Virginia Jobs Investment Program supports our commitment to provide our employees with the skills and knowledge they need to be successful.”

The Virginia Economic Development Partnership will support Spectrum Brands’ job retraining through its Virginia Jobs Investment Program (VJIP). VJIP provides consultative services and funding to companies creating new jobs or experiencing technological change to support employee training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating the Commonwealth’s commitment to enhancing job opportunities for its citizens.

“Programs like VJIP benefit the company, its employees, and the community as a whole,” said Montgomery County Board of Supervisors Chair Chris Tuck. “Montgomery County is growing and our Board and staff is doing its part to help our businesses and their employees stay relevant in this ever-changing industry and local, thriving economic landscape. Reinvesting in local businesses like Spectrum Brands and enabling their employees to have the training and resources they need to be successful is one major key to the continued growth of our County’s economy.”

“Retraining for the jobs of the 21st Century is vital to our economy,” said Senator John Edwards. “I would like to congratulate Spectrum Brands as it invests in the new economy by retraining its employees through Virginia Jobs Investment Program to stay ahead of the competition. This is great news for the New River Valley.”

“Spectrum Brands has been a vital part of Blacksburg and the New River Valley for over two decades,” said Delegate Joseph Yost. “The company’s decision to invest $7.28 million and retrain their employees on new equipment is great news for Montgomery County. I want to thank Spectrum Brands for its continued trust in and commitment to the Commonwealth and enhancing job opportunities for our citizens.”

About Spectrum Brands Holdings, Inc.

Spectrum Brands Holdings (NYSE: SPB), a member of the Russell 1000 Index, is a global and diversified consumer products company and a leading supplier of consumer batteries, residential locksets, residential builders’ hardware, plumbing, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, personal insect repellents and auto care products. For more information, visit www.spectrumbrands.com.

Office of the Governor

Brian Coy

(804) 225-4260

Brian.Coy@governor.virginia.gov

Virginia Economic Development Partnership

Suzanne Clark

(804) 545-5806

Sclark@yesvirginia.org

Spectrum Brands

Connie Caldwell

(314) 683-2460

connie.caldwell@spectrumbrands.com

About Us:

Virginia’s New River Valley is a vibrant community that’s home to two state universities, Virginia Tech and Radford University, and a diverse industry base ranging from large international corporations to small technology startups. The region is designated the Blacksburg-Christiansburg Radford Metropolitan Statistical Area and encompasses the counties of Floyd, Giles, Montgomery, Pulaski and the city of Radford.

The New River Valley Economic Development Alliance is a public/private, not-for-profit organization whose mission is to market the New River Valley, to foster job creation, facilitate new investment and to improve the quality of life in the region.

###