~ Blue Ridge Railcar Repair to invest $2.41 million to expand operation~
RICHMOND - Governor Terry McAuliffe announced today that Blue Ridge Railcar Repair LLC (Blue Ridge), a subsidiary of Patriot Rail Company LLC, will invest $2.41 million to expand its operations in Charlotte County. Virginia successfully competed against Louisiana for the project, which will create 37 new jobs.
Speaking about today’s announcement, Governor McAuliffe said, “Blue Ridge Railcar Repair was established in Charlotte County in December 2013, bringing an existing railcar repair facility back into operation and adding jobs and tax revenue to a community that has been hard hit by industry loss. Less than a year later, the company will expand to include railcar cleaning, blasting and painting capabilities to meet increased demand in the marketplace and grow its customer base, bringing an additional 37 new jobs that will pay above the county’s prevailing average wage. The new investment and job opportunities for Southern Virginia are exactly what we need to build a new Virginia Economy, and we look forward to Blue Ridge’s success in Charlotte County in the coming years.”
“The prosperity of existing businesses is vital to economic development in Virginia, and we are proud of Blue Ridge Railcar Repair’s success in Charlotte County in the past year,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “An increasing need for the company’s services in the market is great news, and the facility in Keysville can accommodate the demand with this expansion. We thank Blue Ridge for its investment, and commend Charlotte County on providing a business environment that allows the company to flourish.”