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Published: 07 September 2017

Oran Safety Glass to invest $4.45 million to expand manufacturing operation

EMPORIA – Governor Terry McAuliffe today announced that Oran Safety Glass (OSG), a manufacturer of specialty glass for buses, military vehicles, and trains, will invest $4.45 million to expand its manufacturing operation in Greensville County. Virginia competed against Wisconsin for the project, which will retain 75 existing jobs and create 55 new jobs. Governor McAuliffe successfully recruited this expansion for the Commonwealth during the July 2016 trade and marketing mission to Israel where he met with OSG executives.

“Oran Safety Glass' second expansion since opening its U.S. manufacturing facility in Greensville County ten years ago demonstrates the impact that Virginia’s industrial environment can have on the development of our existing businesses,” said Governor McAuliffe, speaking at the event. “The decision by an international corporate partner to reinvest in the Commonwealth is a major statement for the region, and we are proud that OSG’s operation in Southern Virginia can accommodate the company’s future growth. As we continue to diversify and build the new Virginia economy, we celebrate the addition of 55 new, quality jobs in a region that continues its economic rebound.”

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Published: 24 April 2017

PRINCE EDWARD COUNTY - Board of Supervisors Chair Robert “Bobby” Jones today announced CML Logistics (CML), a leader in post-industrial plastic scrap recovery, will invest to establish an operation in Prince Edward County. Virginia successfully competed against Colorado and North Carolina for the project, which will initially bring 10 - 15 jobs.

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Published: 08 March 2017

New tourism development financing project will rehabilitate and convert an existing building

Governor Terry McAuliffe today announced that more than $12.2 million will be invested in Farmville to establish the Hotel Weyanoke, creating 76 new jobs and spurring an economic impact of more than $7 million in annual traveler spending.  The project will receive support through the Virginia Tourism Corporation's (VTC) Tourism Development Financing Program (TDFP), a gap financing program for larger-scale tourism development projects, geared toward fostering partnerships with developers, localities, financial institutions, the Virginia Resources Authority and VTC.  The project reflects a projected tax benefit of over $500,000 in its first full year of operation. The hotel is slated to open in the spring of 2018.

"Virginia is a premier global travel destination and tourism is an indispensable diversifier for the state's economy, generating $23 billion in revenue annually," said Governor McAuliffe. "Projects like the Hotel Weyanoke are instant revenue generators for the Commonwealth and our communities, and this new accommodation will complement the existing tourism attractions that make the Farmville area so special. I congratulate the City of Farmville on this great tourism win for Virginia."

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Published: 02 March 2017

Company to invest more than $2 million and create 18 new jobs 

RICHMOND – Governor Terry McAuliffe today announced that SteelFab, one of the nation's largest structural steel fabricators, will invest $2.14 million to expand its manufacturing operation in the City of Emporia. The company plans to construct a new building and add machinery and equipment to increase its steel fabrication output. Virginia successfully competed against Alabama, North Carolina, and South Carolina for the project, which will create 18 new jobs.

"SteelFab has been a valuable corporate partner to Virginia and the City of Emporia since it opened its structural fabricating facility in 1990," said Governor McAuliffe. "The company's decision to expand in the Commonwealth is a testament to the world-class workforce the region has to offer. Growing the advanced manufacturing industry is critical to diversifying and building the new Virginia economy, and we thank SteelFab for being a significant part of our efforts."