Industrial IoT solutions leader will invest in significant new job creation and office space expansion

Acoustical Sheetmetal Company, a manufacturer of highly engineered steel and aluminum enclosures for the power generation industry, will invest $45.8 million to expand in Virginia Beach and create 350 new jobs.

Hitachi Energy, a global technology leader, is investing $22.5 million to expand its current facility in Bland, Virginia and add a warehouse facility in Atkins, Virginia to meet increased demand, creating 120 new jobs.

Munters Corporation will invest $29.95 million to build a 200,000-square-foot expansion to its HVAC manufacturing facility in Botetourt County, creating 270 new jobs.

Virginia has been named Business Facilities’ 2024 State of the Year, marking the third time the Commonwealth has received this top honor from the magazine.

Super Radiator Coils, a family-owned engineering and manufacturing company, will invest $22 million to expand its operations in Chesterfield County, creating 160 new jobs.

AXYS, a leading engineering and consulting firm specializing in building management and security systems, will invest $2.18 million to establish new operations in the City of Winchester, creating 46 new jobs.

VFP Inc., a custom building solutions manufacturer, will invest $5 million to expand its facility in Scott County, creating 50 new jobs.

Condair Group AG, an international evaporative technologies manufacturing company, will invest $57.2 million to establish a new production facility in Chesterfield County, creating 180 new jobs.

Modine, a diversified global leader in innovative thermal management solutions, will invest $18.1 million to expand its Rockbridge County operation and create 211 new jobs.