Consultants Forum    |   FacilityLocations    |   FastFacility    |   Advertise    |   Subscribe    |   Newsletter    |   RSSRSS
Inward Investment Guides
VFP Plans $3.5 Million Expansion At Its Scott County, Virginia, Manufacturing Center
Area Development Online News Desk (11/20/2013)
VFP, Inc., a producer of quality prefabricated structures to the telecommunications, power, and modular building industries, will invest $3.5 million to expand its manufacturing operation in Scott County, Virginia, with plans to create 50 new jobs.

"VFP has over 48 years of excellence in shelter design and manufacturing, providing quality prefabricated structures to the telecommunications, power, and modular building industries," said Jerry Arnold, CEO, VFP, Inc. "Since moving our manufacturing to Scott County in the 1990s, we have continued to grow. This is largely due to the support we have received from our valued employees. VFP is grateful to be located in Scott County with an available workforce and local talent that can meet our vast manufacturing needs. We also owe special thanks for the continued support and assistance we have received over the years from our local, regional, and state agencies. They have played an integral role in our ability to continue to grow in Scott County."

Governor Bob McDonnell said, "VFP, Inc. is a strong Virginia company that has thrived here since its founding in 1965. Its shelters protect critical equipment in all 50 states and around the world on all seven continents and are produced in Scott County. VFP's manufacturing facilities on its campus in Duffield allow all construction and equipment integration to be performed under one roof, providing timely completion and consistent quality. With this expansion, the company will continue to grow its operation and create 50 new job opportunities. We commend VFP's success in the Commonwealth over the last 48 years and look forward to the decades to come."

"VFP, Inc. has maintained a reputation for quality products and experienced phenomenal growth over nearly five decades," said Jim Cheng, Virginia Secretary of Commerce and Trade. "Across the globe VFP buildings have withstood hurricanes, earthquakes and the full spectrum of environmental extremes, and we are proud that the company's products are manufactured in Scott County. This expansion project is a great testament to the skilled workforce and opportunity for long-term success in the Commonwealth."

The Virginia Economic Development Partnership worked with Scott County to secure the project for Virginia. As an incentive, Governor McDonnell approved a $100,000 grant from the Governor's Opportunity Fund to assist Scott County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $160,000 in Tobacco Region Opportunity Funds for the project.

In Addition, the Virginia Small Business Financing Authority and the Virginia Coalfield Economic Development Authority also assisted with the project. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company's recruitment and training activities.


 
Article Discussion
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research

Share