Altec Industries to invest $30.2 million to expand manufacturing operation
RICHMOND - Governor Terry McAuliffe today announced that Altec Industries, a leading provider of products and services to the electric utility, telecommunications, tree care, lights and signs, and contractor markets, will invest $30.2 million to expand its manufacturing operation in Botetourt County. Virginia successfully competed against several states for this project, which will create 180 new jobs in the Commonwealth.
CMA CGM, Norfolk
Virongy Biosciences Inc., a developer of viral diagnostic technologies, anti-viral drugs, and therapeutic viral vectors, will expand in Prince William County.
Birdsong Peanuts, a cornerstone company of Virginia’s peanut industry for more than 100 years, will invest $25.1 million into its peanut shelling facility in the City of Suffolk.
Mühlbauer Inc., the U.S. subsidiary of Germany-based Mühlbauer Group and the world’s top producer of automated machinery designed to implement intelligent solutions, will expand its operation in the City of Newport News.
Axxor, a global leader in paper honeycomb development and production, will invest $3.5 million to expand its manufacturing capacity in Ringgold East Industrial Park in Pittsylvania County.