Signco, a custom sign manufacturer, will invest $650,000 to establish manufacturing operations in Bluefield, Virginia. The project is expected to create 19 jobs.
The company will occupy the former MC Signs facility in Tazewell County.
“Signco was drawn to expand operations in Tazewell County after recognizing the potential of a specialized workforce that possessed strong core values of family and innovation,” said Signco President Anthony Morrone. “The prospective outcome of revitalizing the economy during the pandemic was also a huge incentive. Furthermore, the Commonwealth of Virginia’s generous incentive programs allow Signco to begin operations immediately and project growth opportunities to increase staff and continue to service current clients as well as several other national brands.”
The Virginia Economic Development Partnership (VEDP) will support Signco’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
The company is also eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.
“Signco’s technology and custom product specifications are advancing sign manufacturing, and selecting Southwest Virginia for its first facility outside Chicago demonstrates confidence in the region’s business environment and labor pool,” said Secretary of Commerce and Trade Caren Merrick. “The company’s entrepreneurial spirit will go far in Tazewell County, and we look forward to partnering with Signco as it ramps up operations.”
Signco Designs offers a wide array of services from signs, vinyl lettering, customized products, graphic design, digital heat transfers, apparel and more.
“We would like to congratulate and commend Signco on selecting Tazewell County for this operation,” said Jonathan S. Belcher, Executive Director and General Counsel of the Virginia Coalfield Economic Development Authority. “Having great companies like Signco in our region, and the new, diversified job opportunities that they bring, will be a big boost to the area’s economy, and we thank them for choosing Southwest Virginia, a great place to do business.”