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Area Development - Site Selection, Facility Planning and Workforce Development

TREAD Corporation to invest $5 million to expand Virginia Operation, Creating 100 Jobs

08/14/2011
Virginia Governor Bob McDonnell has announced that TREAD Corporation, a manufacturer of bulk handling equipment servicing the explosives industry, is planning a $5 million expansion of its operations in Virginia's Botetourt County that's expected to create 100 jobs.

The Virginia Economic Development Partnership worked with Botetourt County and the Roanoke Regional Partnership to secure the project for Virginia. Governor McDonnell approved a $100,000 grant from the Governor's Opportunity Fund to assist Botetourt County with the project. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company's recruitment, training and retraining activities.

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