Dhiyo House Inc. Invests $6.1 Million To Locate Manufacturing Plant In Wise County, Virginia
With this project, India-based Dhiyo House will establish a 40,000-square-foot manufacturing facility in the Wise County Industrial Park to produce the belting in the U.S. and expand production with additional products. The project is expected to create 80 new jobs.
Dhiyo House has emerged as a leader in the expansion of belting design and fabrication. The company serves rock quarries, hard rock and soft mineral mines, sugar mills, cement works, foundries, brick workers, smelters, paper and saw mills, power plants and many other types of industrial and mining operations.
“Dhiyo House chose Virginia because it is the most suitable location for our business, and the Wise County coal industry gave us tremendous love and support,” said Deepa Luthra, Owner, Dhiyo House. “Southwest Virginia is coal country and provides close proximity to all neighboring coal states, including, but not limited to, Kentucky, West Virginia and Pennsylvania. Virginia is the most convenient location for business, allowing us to focus on Wise County and surrounding coal counties. We also chose Wise County because the local government endorsed and supported us.”
As an incentive, Virginia Economic Development Partnership worked with Wise County, the Wise County Industrial Development Authority and the Virginia Coalfield Economic Development Authority to secure the project for Virginia. Governor McAuliffe approved a $250,000 grant from the Commonwealth’s Opportunity Fund to assist Wise County with the project.
In addition,The Virginia Tobacco Region Revitalization Commission approved $645,000 in Tobacco Region Opportunity Funds. The company is eligible to receive 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, administered by VEDP.
Governor Terry McAuliffe said, “This project is a great win for Wise County and the Commonwealth. These new, high-quality jobs will help diversify the industrial base in Southwest Virginia and contribute to our ongoing efforts to build a new Virginia economy.
“Growing manufacturing jobs is a key strategy for building a strong economy, and we are thrilled to have a company in this important sector choose to locate in Wise County,” said Secretary of Commerce and Trade Maurice Jones. “The County offers the strong workforce and exceptional business climate the company needs to increase production and expand its footprint in the U.S. and Canada. We look forward to a long, prosperous partnership.”
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