| A
win for Virginia Motorsports Initiative
Related
stories:
-
After manufacturing, what's
next for Matinsville?
-
Martinsville-Henry County
facts at a glance
-
Defense contractor MZM moving
operations to Matinsville
-
Martinsville Speedway
sold for $192 million
-
Henry County, Martinsville
get help for business park
-
Cabinet manufacturer
locating new facility in Henry County
Virginia Business
July
2004
HT Motorsports, a NASCAR Craftsman Truck
team based in Harrisburg, N.C., announced plans to relocate
to Henry County and create 75 jobs through a $400,000
investment. In addition, HT Motorsports will partner
with Patrick Henry Community College and Arrington Manufacturing
to construct the Virginia Motorsports Technology Center
(VMTC) to house the race team as well as an expanded
community college motor sports work force development
program. The $1.2 million, 50,000-square-foot facility
will house the college’s advanced motor sports
curriculum, which will include training in all phases
of accelerated motor sports performance technology.
The advanced curriculum will be offered in January 2005.
HT Motorsports will initially operate
within the Arrington Manufacturing facility at Henry
County’s Patriot Centre Business Park. The team
will become a tenant of VMTC when it is constructed
in late 2004. HT Motorsports has committed to employing
75 people over the first 30 months, paying an average
of $16 an hour. The team will also invest $400,000 in
machinery, equipment and site improvements.
Launched in August 2003, the Virginia
Motorsports Initiative is comprised of public and private
sector partners actively promoting and supporting motor
sports activities in Virginia as a means for economic
development.
Return to Virginia Business - July 2004
|
