Service Center Metals Expands in Prince George County, Virginia
01/12/2018
“We’re delighted to be expanding our business for the fourth time in our 16-year history here in the Commonwealth of Virginia,” said Scott Kelley, SCM’s President & CEO.
“While we seriously considered building this expansion in Indiana, the incentive package offered by the Commonwealth and Prince George County convinced us to say ‘yes’ to Virginia once again. Here at Service Center Metals, our company motto is ‘Can Do.’ It exemplifies SCM’s culture—one where anything is possible with focus, hard work and determination. In our view, when it comes to helping entrepreneurs start and grow and their companies, our state and local governments clearly have a strong pro-business, ‘Can Do’ approach as well,” he added.
The Virginia Economic Development Partnership worked with Prince George County and Virginia’s Gateway Region to secure the project for Virginia. Governor McAuliffe approved a $200,000 Commonwealth’s Opportunity Fund to assist the county with the project.
The Governor also approved a $400,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing companies. Service Center Metals is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“As a homegrown Virginia company, Service Center Metals is now one of the fastest-growing manufacturers in the Commonwealth and a prime example of the success entrepreneurs can achieve here,” said Governor Terry McAuliffe, announcing this project during his final State of the Commonwealth address.
“Despite facing challenges during the recession, SCM has rebounded and demonstrated resilience and commitment to its 200 employees and the region time and again. We are honored that this corporate partner has again chosen to reinvest in Prince George County and the Commonwealth, and I am proud to have a hand in bringing a record $20 billion in capital investment to the Commonwealth during my term working to diversify and build the new Virginia economy,” he added.
“This is an exciting win for Prince George County and Virginia, and we congratulate Service Center Metals on another impressive expansion,” said Secretary of Commerce and Trade Todd Haymore.
“The advanced manufacturing sector continues to gain momentum in the Commonwealth, thanks to major industry players like SCM, and every day we are adding to the roster of nearly 6,000 manufacturers and over 242,000 workers. I’m grateful for the company’s investment and confidence in Virginia,” he said.
Alan R. Carmichael, Chairman, Prince George County Board of Supervisors stated, “I am proud to announce another expansion to one of our most successful and homegrown companies, Service Center Metals. This investment will provide 58 new jobs for our community. The expansion also confirms that Prince George County has created the environment for new and existing businesses to thrive and prosper.”
Project Announcements
Global Resources International Plans Columbia, Alabama, Operations
03/21/2023
HistoWiz Establishes Queens, New York, Central Laboratory
03/21/2023
Big Fish Games Establishes New Orleans, Louisiana, Talent Hub
03/21/2023
Sonoco Protective Solutions Expands Owosso, Michigan, Operations
03/21/2023
ABB Robotics Expands Auburn Hills, Michigan, Production Campus
03/21/2023
Volkswagen Group Plans St. Thomas, Ontario, Canada, North American Gigafactory
03/20/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
What in the World? FDI Trends to Watch in 2023
Q1 2023