IR Engraving, a world leader in designing and building engraved rolls and plates, gravure rolls, and custom machinery, will invest $850,000 to expand its manufacturing operation in Henrico County, Virginia. The project is expected to create 22 new jobs.

“We are excited at the opportunities available since we acquired the business from Standex last summer, returning the company to its privately-held roots. Now, as an entrepreneurial business with 100 employees (and over 1,100 years of combined engraving experience), we are once again poised to aggressively grow with our customers,” said IR Engraving President Matthew Pursel.

We appreciate the opportunity to work with the Commonwealth of Virginia and County of Henrico to expand our operations and add job opportunities for the surrounding community,” he added.

In addition to its strong presence in the engraved and gravure roll markets, IR Engraving has also positioned itself as a leader in digital engraving technology, providing customized texturing solutions for every application by shortening the supply chain for global Original Equipment Manufacturers (OEMs) as a single source texturing supplier. The Virginia Economic Development Partnership will support IR Engraving’s new job creation through its Virginia Jobs Investment Program (VJIP). VJIP provides consultative services and funding to companies creating new jobs or experiencing technological change to support employee training activities.

“IR Engraving is just the latest manufacturing operation that is benefiting from Virginia’s strong workforce and thriving business climate,” said Governor Terry McAuliffe. “This expansion will create jobs and opportunity for hard working Virginians and enhance our Commonwealth’s global reputation as a great home for manufacturing operations like this one. We celebrate IR Engraving’s success and look forward to working with this great company as we build a new Virginia economy.”

“We congratulate IR Engraving on its rich history of success in Virginia and the next chapter of growth,” said Secretary of Commerce and Trade Todd Haymore. “The Commonwealth continues to provide a competitive business climate for the booming advanced manufacturing industry, which now employs nearly 250,000 Virginians. This expansion is a great example of what small businesses can achieve in Virginia.”