Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Morooka America To Establish Track Carrier Manufacturing Plant In Hanover County, Virginia

07/25/2012
Morooka America, under a license agreement with Japan-based Morooka Co., Ltd, a manufacturer of rubber track carriers, plans to establish its first U.S. manufacturing operation in Hanover County, Virginia, creating an estimated 50 new jobs.

Morooka offers six different models of equipment that have a range of uses from clearing land for pipeline installation to agricultural applications. The first Morooka Track Carrier plant in the U.S., along with its sister company Virginia Steel Specialties LLC, will establish two product assembly operations. The facilities will encompass 50,000-square-feet and produce 100 machines annually valued at more than $15 million, according to Gov. Bob McDonnell's Office.

"The new Morooka America production facility is an important strategic move for the Morooka product line in the Western Hemisphere, and we are thrilled that the company chose Virginia for its first U.S. location. The new plant will build two of the most popular models in the company's line, and is a welcome addition to the corporate base in Hanover County," Governor McDonnell said.

"We warmly welcome Morooka America's first Morooka Track Carrier operation in the U.S. to Hanover County and the Commonwealth," said Jim Cheng, Virginia Secretary of Commerce and Trade. "The proximity to major interstates, available infrastructure and central location all were factors that helped Virginia come out ahead of competing locations across the Southeast."

Morooka America is a subsidiary of the Ashland, Virginia-based Richmond Group LLC, a holding company for construction-related firms geared around the Morooka product. Morooka USA - East is the U.S. headquarters for Japan-based Morooka Co. and sells their rubber track carriers through a network of dealers in the U.S., Canada, Mexico, Central and South America.

"We are proud to bring manufacturing jobs to America and to Virginia," says company founder Ronnie Byrd. "I have worked with Japanese companies for more than 25 years and Morooka and its products are well recognized and respected in our industry."

"The United States has become Morooka Japan's leading export destination," said company President Masami Morooka. "I am proud to have the Morooka carrier built here in America."

While details of incentives offered the firm were not immediately available, Virginia Economic Development Partnership said it worked with Hanover County and the Greater Richmond Partnership to secure the project. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company's recruitment, training and retraining activities.

Share

Exclusive Research