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Area Development - Site Selection, Facility Planning and Workforce Development

Aerojet Rocketdyne Plans $11 Million Expansion At Orange County, Virginia, Manufacturing Facility

07/13/2015
Aerojet Rocketdyne will invest $11 million to expand its manufacturing operation in Orange County, Virginia. The company produces propulsion systems and operates a technology development center and laboratories for solid propulsion, and test facilities for rocket motors and air-breathing propulsion systems. The expansion is anticipated to create 100 new jobs.

“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.”

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