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
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024