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Draftco Inc. Expands Augusta County, Virginia, Production Plant

08/09/2017
Draftco Inc., a machine and fabrication shop, will invest $450,000 to expand its manufacturing operation in Augusta County, Virginia.

According to state officials, the company will make improvements to its quality inspection room and purchase new machines and welding and testing equipment. The expansion will create 16 new jobs.

“Draftco’s increase in capacity and capability is in support of the forecasted rise in national defense spending and local customer needs,” said Kevin Reed, Quality Manager, Draftco Inc. “Draftco has recently taken on additional leadership and is excited about the changes and prospects which lie ahead.”

“The work ethics of the folks in the valley, coupled with the skills and training many of our employees received through Valley Career and Technical Center and Blue Ridge Community College have contributed to Draftco’s success, as a competitive and capable machining and manufacturing ‘build to print’ company,” Reed said.

“The support of the Virginia Economic Development Partnership will certainly aid in our planned growth. These are exciting times for Draftco and we are certain that our future growth will be beneficial to Draftco and to our friends in the Valley,” he added.

As an incentive, Virginia Economic Development Partnership will support Draftco’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. In addition, Augusta County will match the VJIP funding awarded to the company to support the expansion project.

“Augusta County fosters an outstanding business climate for industries of the 21st century, and Draftco’s long history in Augusta is a testament to the assets of the region and the Commonwealth,” said Secretary of Commerce and Trade Todd Haymore. “We commend the company’s decision to invest further in Virginia’s manufacturing base, which is home to nearly 6,000 employers, and we wish them continued success and growth in the future.”

“Draftco has maintained a strong reputation in Augusta County for more than 50 years, and continues to contribute to the expansion of the Commonwealth’s advanced manufacturing industry,” said Governor Terry McAuliffe.

“To succeed in diversifying and building the new Virginia economy, it is critical to support companies of all sizes, including small businesses like Draftco. I am pleased Draftco will benefit from our jobs services program that helps provide a pipeline of skilled talent to the Commonwealth’s new and existing companies,” the Governor added.

Mike Shull, Member of the Augusta County Board of Supervisors and representative of the Riverheads District where Draftco, Inc. is located said, “Manufacturing is Augusta County’s largest employment sector, and it is expansions like this that maintain our strong reputation as a center for manufacturing.”

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