Homestead Building Systems Expands Orange County, Virginia, Operations Complex
05/31/2018
As part of this project, Homestead Building Systems will increase its annual purchases of Virginia forestry products by more than thirty percent over the next three years, according to Governor Ralph Northam’s office.The company made its first major expansion in 2013, with the addition of its second operation in Orange.
“We celebrate a public-private partnership that will result in more jobs, more investment, and more prosperity right here in Orange County. This is all going to happen because we are going to be doing more manufacturing right here in Orange County,” said David L. Baird, Owner & CEO of Homestead Building Systems, Inc.
“Many thanks to Orange County leadership and the Economic Development office, the Virginia Department of Agriculture and Consumer Services, the Virginia Department of Forestry, and Secretary Ring for providing us with this opportunity to show that Orange County is a great place for business and that manufacturing is booming,” he said.
The Commonwealth is partnering with Orange County and Homestead Building Systems, Inc. on this project through the Governor’s Agriculture and Forestry Industries Development (AFID) Fund, which is administered by the Virginia Department of Agriculture and Consumer Services (VDACS). Governor Northam approved a $78,000 grant from the AFID Fund, which Orange County will match with local funds. This is the first AFID award to Orange County.
“Homestead Building Systems, Inc.’s continued growth and investment in Orange County is great news for Virginia’s forestry sector and for our economy,” said Governor Northam. “Investments like these create jobs and open new markets for Virginia’s foresters. Today’s announcement is a big win for forestry in Virginia and our efforts to grow an economy that works better for every family, no matter who you are or where you live.”
“In addition to the new investment and the jobs that are being created, this expansion will have a positive impact on Virginia’s forestry industry,” said Secretary of Agriculture and Forestry Bettina Ring. “Virginia’s forestry industry contributes $21 billion annually to the economy, and I am pleased the Commonwealth could partner with Orange County through the AFID Program to support this local business in a thriving industry.”
Project Announcements
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Firestone Industrial Products Expands Dyersburg, Tennessee, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024