A company that supplies conveyor systems for the mining industry, CWW Conveyor Systems will invest $2 million to expand its operation in Carroll County, Virginia. CWW operated as part of Caterpillar Global Mining America until March 2015, when it was created as a new, independent entity to serve the United States, Mexico and Canada.
CWW Conveyor Systems, headquartered in Hillsville, Virginia, is a newly established, independent company providing a dedicated focus on sales and support for former Caterpillar conveyor systems products. The 80 employees of CWW bring a wealth of experience from their time at Bucyrus and Caterpillar and are committed to continuing to provide the products and support that customers expect.
“We are excited about our partnership with Virginia, and are proud to be part of the economic development activities in Carroll County,” said Michael E. Stewart, General Manager of CWW. “The area offers a great workforce and many resources that will allow us to expand our Research and Development and manufacturing operations.”
The Virginia Economic Development Partnership worked with Carroll County, the Carroll County Industrial Development Authority, and Virginia’s aCorridor to secure the project for Virginia.
Governor McAuliffe approved a $65,000 grant from the Governor’s Opportunity Fund to assist Carroll County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $85,000 in Tobacco Region Opportunity Funds. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“Creating manufacturing jobs in communities that need them is a pillar of building a new Virginia economy,” said Governor Terry McAuliffe. “This great expansion will improve the lives of many Virginians and lay a foundation for future growth in Carroll County.”
“Manufacturing continues to be a significant contributor to wealth and growth in the Commonwealth, and we welcome the additional jobs in this important sector,” said Secretary of Commerce and Trade Maurice Jones. “We look forward to CWW Conveyor Systems’ continued growth in Virginia for years to come.”
“The IDA is not only pleased for the expansion of CWW, but also for the work that has taken place that has allowed for the expansion,” said Barry Hicks, Chair of the Carroll County IDA. “The IDA Natural Gas connection will assist in the expansion of CWW and provide a large savings in energy cost on an annual basis. Also, the combination of incentives associated with this expansion are $202,500 that CWW can use in various ways to grow their operation. We enjoy projects like the CWW expansion.”