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Virginia Businesses in the News
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For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
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Arista Tubes UK, a British manufacturer of plastic tubing used in the personal care products industry, plans to invest $24 million to open a manufacturing facility in Danville, creating 145 jobs. Virginia competed with New Jersey and Pennsylvania for the investment. (PR)

Banker Steel Company LLC, plans to invest $1 million in a new steel fabricating operation in Campbell County, creating 110 jobs. The company intends to maintain operations at its Lynchburg facility in addition to the new Campbell County plant. Virginia competed with South Carolina for the investment. (PR)

Dominion Resources Inc., a Richmond-based power company, announced plans to locate an $800 million power generation plant in Wise County. The plant faces a lengthy regulatory review process. The plant will create about 800 construction jobs, 75 permanent jobs and 250 jobs in coal mines to keep the facility fueled. (The Roanoke Times)

McAirlaid’s Vliesstoffe GmbH & Co. KG, a manufacturer of non-woven composite materials, headquartered in Germany, plans to invest $85 million and create 160 jobs by opening a manufacturing facility in Franklin County, which will also serve as the firm’s U.S. headquarters. The manufacturing operation will use a patented method to create non-woven materials without using chemicals or glue. Virginia competed with Kentucky for the project. (PR)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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