Macerata Wheels Invests $8 Million To Manufacture Custom Wheels And Accessories In Danville, Virginia
03/19/2013
The firm plans to manufacture custom wheel rims and other automobile accessories domestically, rather than depend on imported items from China. The market for custom wheels has experienced steady growth over the last few decades, said Mike Farless, president of Macerata Wheels. Making items in the US will also eliminate the time it takes to import items from China, and enable the firm to deliver its products to customers with a quicker turnaround.
Incentives to attract the firm to Danville included the ability to train employees at Danville Community College’s Precision Machining Lab, an offer to by the local Industrial Development Authority to provide a warehouse facility through a lease purchase agreement, and a $600,000 grant from the state Tobacco Commission.
Project Announcements
Southeastern Timber Products Expands Ackerman, Mississippi Sawmill, Operations
02/07/2025
HII Plans Berkeley County, South Carolina, Operations
02/05/2025
South Korea-Based SPC Group Plans Burleson, Texas, Production Operations
02/05/2025
Diageo North America Plans Montgomery, Alabama, Manufacturing-Warehouse Operations
02/05/2025
Octillion Power Systems Establishes Reno, Nevada, Battery Manufacturing Operations
02/05/2025
Letica Expands Fulton County, Kentucky, Operations
02/05/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024