Aerojet Rocketdyne Plans $11 Million Expansion At Orange County, Virginia, Manufacturing Facility
“We have enjoyed a great partnership with Virginia for the past few decades and are pleased to be able to expand our facility in Orange County,” said Aerojet Rocketdyne CEO/President Eileen Drake. “It’s an honor to be here today to celebrate this milestone and further demonstrate our commitment to being part of the economic development of the region.”
The Virginia Economic Development Partnership worked with Orange County to secure the project for Virginia. Governor McAuliffe approved a $300,000 grant from the Commonwealth’s Opportunity Fund to assist Orange County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
Governor Terry McAuliffe said, “Growing the aerospace industry in Virginia is an essential element of diversifying and building the new Virginia economy, and Aerojet Rocketdyne’s success in Orange County over the past decade is a testament to the Commonwealth’s pro-business environment. Aerospace is one of America’s advanced industries, and today’s announcement is another indicator that Virginia is a significant player in this growing sector.”
“This expansion by one of Virginia’s existing corporate citizens is another vote of confidence in the competitive business environment in the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “I offer my congratulations to Aerojet Rocketdyne and Orange County, whose stellar workforce, great quality of life and best-in-class infrastructure is contributing to the company’s growth and expansion.”
Winston Sides, Chairman of the Orange County Economic Development Authority said, “from a selection of 14 other facilities in multiple states, we’re honored they chose Orange County for their expansion, and we look forward to supporting their continued growth here.”
French-Based Advanced Accelerator Applications Plans Cancer Drug Production Campus in Indianapolis, Indiana
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Finding Talent in a Time of Economic Change
Hitting the Reset Button: How to Pivot the Perception of Economic Development
Mid-size Markets Competing for Business and Winning
Innovation in America Reaches New Heights
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019