RICHMOND—Governor Ralph Northam today announced that Danish company Rose Holm, a leading manufacturer of threaded bolts for the food and beverage, wind power, and heat exchange industries in Northern Europe, will invest $1.35 million to establish its first U.S. manufacturing facility in Henrico County. The new operation will give the company close proximity to a major customer and further its wind energy efforts. Virginia successfully competed with Indiana for the project, which will create 10 new jobs.

RICHMOND—Governor Ralph Northam today announced that Mount-It!, a leading distributor of more than 500 types of mounting solutions, will invest $7.45 million to establish its first East Coast warehouse and distribution facility in the former Quality Way building in Prince George County. The new operation will give the company strategic access to its largest customer base. Virginia successfully competed with Delaware, Kentucky, North Carolina, and West Virginia for the project, which will create 85 new jobs.

RICHMOND—Governor Ralph Northam today announced that Hitachi ABB Power Grids, a leader in power and energy technologies, will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its Bland County operation. The facility is the largest private-sector employer in the county and the leading producer of dry-type transformers in North America. The Bland County operation successfully competed with other Power Grid manufacturing facilities across the United States for this project, which will create 40 new jobs. 

HAMPTON—Governor Ralph Northam today announced that Huntington Ingalls Industries (NYSE: HII) will create more than 250 new jobs by establishing an Unmanned Systems Center of Excellence in Hampton. HII is the nation’s largest military shipbuilding company and provides professional services to government and industry. Virginia successfully competed with North Carolina for the project.