Amthor International Expands Operations in Gretna, Virginia
The company will build a new 115,000-square-foot plant to accommodate increased demand for fabricated tanker trucks, and will designate the new Gretna facility as its official corporate headquarters. The company will retain 110 existing jobs and create 70 new jobs over three years with a total of 90 new jobs over five years in Pittsylvania County.
“Amthor International opened its doors in Virginia over 25 years ago,” said Brian Amthor, Executive Vice President of Amthor International. “After considering other areas for the site of our manufacturing plant, we decided the Commonwealth of Virginia was the best foundation for our business because of its business-friendly policies and the opportunity for growth and development.”
“As our business grows, we are committed to keeping our roots in Virginia and recognizing the success this community has brought for our company, our employees, and our family. We strive to extend our success to those around us. By doing so, we continue the circle of support for our town, our county, and the Commonwealth. Had we not built our corporation in such a welcoming and supportive community, we would not have seen the huge success and prosperity over the last 25 years. We are looking forward to another 25 years and more of continued success here in Virginia,” he added.
The Virginia Economic Development Partnership worked with Pittsylvania County and the Southern Virginia Regional Alliance to secure the project for Virginia. Governor McAuliffe approved a $250,000 grant from the Commonwealth’s Opportunity Fund to assist the County with the project. The Virginia Tobacco Region Revitalization Commission approved $255,000 in Tobacco Region Opportunity Funds.The Virginia Small Business Financing Authority (VSBFA) also provided valuable assistance.
Amthor International is eligible to receive additional grants and state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“Over more than two decades, Amthor International has built a strong reputation as a quality employer in Pittsylvania County, and this major expansion reinforces the company’s commitment to the region and to the Commonwealth,” said Secretary of Commerce and Trade Todd Haymore. “Nearly 250,000 Virginians are employed in manufacturing, and Amthor will continue to provide quality jobs as we enhance our tailored training programs to support this bustling industry.”
“Amthor International has been an important corporate steward in Pittsylvania County for 25 years, and we are proud that the nation’s largest and most diverse manufacturer of tanker trucks chose to reinvest in the Commonwealth,” said Governor Terry McAuliffe. “The company will continue to benefit from our world-class talent pool, extensive transportation network, and competitive operating costs while providing valuable new 21st century jobs. Growing the manufacturing industry remains critical to our mission to diversify and build the new Virginia economy, and expansions like Amthor’s demonstrate that our efforts are working.”
“The Virginia Small Business Financing Authority is very excited to partner with the Economic Development Office of Pittsylvania County to provide gap financing for the expansion of Amthor International,” said Anna Mackley, Virginia Small Business Financing Authority Chief Credit Officer and Acting Executive Director. “The County reached out to us as part of its competitive strategy to win this important project. VSBFA’s Economic Development Loan Fund Program provided a low interest rate and flexible terms and was a critical enhancement to the state’s overall incentive package.”
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