Showing posts with label Botetourt County Virginia. Show all posts
Showing posts with label Botetourt County Virginia. Show all posts

Wednesday, October 22, 2014

Governor McAuliffe Announces 75 New Jobs in Botetourt County

Botetourt County, Virginia, from 1895 state map
Botetourt County, Virginia, from 1895 state map (Photo credit: Wikipedia)
~ Dynax America Corporation to invest $32.6 million to expand operation ~

TOKYO, JAPAN - Governor Terry McAuliffe announced today that Dynax America Corporation, a subsidiary of Dynax Corporation of Hokkaido, Japan, will invest $32.625 million to expand its automotive components manufacturing operation in Botetourt County. The Governor made the announcement following a meeting yesterday with Dynax Corporation officials in Tokyo during his Asia Marketing Mission. Virginia successfully competed against Shanghai, China for the project, which will create 75 new jobs.

Speaking about today’s announcement, Governor McAuliffe said, “Dynax America Corporation has been a valuable corporate partner to Virginia since 1995, and employs nearly 600 at its plant in Botetourt County. Yesterday I had the opportunity to meet with the parent company in Tokyo to officially close this important deal. The addition of 75 new advanced manufacturing jobs is another step forward in creating a New Virginia Economy with a diverse industry base and valuable workers possessing skills of the 21st century. The focus of my 10-day marketing mission to Asia is to build new relationships and strengthen existing partnerships, and this tremendous expansion announcement is a great result. Dynax America’s significant investment demonstrates the company’s strong commitment to the Commonwealth, and secures its future longevity in Botetourt for years to come.”

“Dynax America Corporation’s continued growth and investment in Botetourt County is a powerful testament to Virginia’s excellent business environment,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “The company is a strong component of the growing automotive cluster in the Roanoke region, and this expansion further solidifies its standing. Virginia’s strong business relationship with Dynax America and Dynax Corporation is a priority, and it was an honor to be a part of yesterday’s meeting and expansion announcement in Tokyo.”

Dynax America Corporation is a manufacturer of automatic transmission components, friction disks, mating plates and assemblies. Located in Botetourt County, Virginia, the company’s employees are dedicated to achieving its corporate goals – providing high-quality products at competitive pricing while seeking to continually improve quality and processes.

“Dynax America Corporation has been a vested part of the Commonwealth of Virginia and Botetourt County since 1995,” said Tatsuo Kuroda, President of Dynax America Corporation. “We have enjoyed great success with the many positive benefits provided to us, and it is our desire to continue that positive momentum. Our greatest asset has been, and continues to be, our employees, as well as the favorable business climate that exists in Virginia. It is our desire to continue the tradition of stability and cooperation and to be a preferred place of employment in the region for many years in the future. We would like to thank our partners who have made this expansion possible.”

The Virginia Economic Development Partnership worked with Botetourt County and the Roanoke Regional Partnership to secure the project for Virginia. Governor McAuliffe approved a $225,000 grant from the Governor’s Opportunity Fund to assist Botetourt County with the project. The Governor also approved a $250,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing Virginia companies. The company will receive benefits from the Port of Virginia Economic and Infrastructure Development Grant Program. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program. The company will also be eligible for Sales and Use tax exemptions on manufacturing equipment.

“The Board members and I are proud and appreciative that Dynax America Corporation has again chosen Botetourt County for an expansion of its operations, said Dr. Donald Scothorn, Chairman of the Botetourt County Board of Supervisors. “Since first locating in Botetourt County in 1996, Dynax has continued to grow and expand, becoming the County’s largest private sector employer. This new investment will foster innovative economic growth and create additional job opportunities for the residents of Botetourt County. 

“Automotive parts are a top commodity for The Port of Virginia, and we appreciate the opportunity to continue to act as Dynax America’s partner and international trade gateway,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “What is significant is the addition of 75 jobs in the Roanoke Valley that come as a result of this expansion. This is a vote of confidence in Virginia and the port as a business location.”

(Expanding Monopolies And Taking The Freedoms Away From Small Businesses)


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Thursday, June 19, 2014

GOVERNOR MCAULIFFE ANNOUNCES $13.1 BILLION IN TRANSPORTATION IMPROVEMENTS

English: Virginia Megaprojects Transportation ...
English: Virginia Megaprojects Transportation Improvements, Northern Virginia (Photo credit: Wikipedia)
GOVERNOR MCAULIFFE ANNOUNCES $13.1 BILLION IN TRANSPORTATION IMPROVEMENTS ACROSS THE STATE WILL IMPROVE MOBILITY AND DRIVE THE ECONOMY
Transportation program reflects input from residents and the traveling public following a series of public hearings

Governor Terry McAuliffe announced today that the public was heard and their transportation priorities were carefully considered, resulting in adjustments to the final Six-Year Improvement Program.  The Commonwealth Transportation Board (CTB) approved the program, which allocates $13.1 billion to highway, road, bridge, rail, transit, bicycle/pedestrian paths and other transportation improvements throughout Virginia over a six year period beginning July 1, 2014.

“When the draft program was made available to the public in April, I directed Transportation Secretary Aubrey Layne and the Commonwealth Transportation Board to ramp up public involvement by getting out into the communities and holding hearings in nine regions across the state to solicit public input,” said McAuliffe.  “Nearly 400 people attended and 1,620 oral and written comments were collected.  From that information, the CTB adjusted the program to reflect the needs and priorities of local officials, residents and the traveling public who use and know their transportation system better than anyone else.”

Project highlights include:
·       Widening eight miles of the most congested stretches of  I-64 on the Peninsula
·       Extending the Tide light rail system into Virginia Beach
·       Providing  two new passenger trains from Richmond to Norfolk
·       Making safety improvements and repairs along I-81, including Exit 14 in Abingdon and Exit 150 in Roanoke
·       Improving Route 220 in Botetourt County
·       Developing I-66 improvements, extending the use of shoulders on I-495 and tie-in to the Express Lanes, and improving the Route 28 interchange in Northern Virginia
·       Widening Route 7 over the Dulles Toll Road
·       Funding improvements in the Metro 2025 program, including upgrades for 8-car trains along the Metrorail Orange line
·       Expanding VRE platforms and adding the VRE Potomac Shores station in Prince William County
·       Providing a package of improvements to Route 29 through Charlottesville, which replaces the bypass
·       Funding a second passenger train to Lynchburg

The six-year program will be updated later this year to comply with the new prioritization process, which was signed into law under House Bill 2 by McAuliffe earlier this year.  Under the process, projects will be objectively selected based on regional needs.

Layne added, “There will be no special governor’s list of projects, but rather a strategic transportation program based on selecting the right projects that provide the maximum benefit for limited tax dollars.”

The CTB will work in collaboration with localities to set weights for key factors like congestion mitigation, economic development, accessibility, safety and environmental quality. Specific projects will then be screened and selected for funding beginning in July 2016.

“Key priorities in the program approved today and future updates will continue to be improving the existing infrastructure, including rebuilding aging bridges and roads across the state,” said Charlie Kilpatrick, commissioner of the Virginia Department of Transportation (VDOT). 

Virginia Department of Rail and Public Transportation Director, Jennifer Mitchell said, “The final program also reflects added funds for rail and transit projects to enhance regional mobility and provide more transportation choices.”

FY 2015-2020 Six-Year Improvement Program breakdown of Allocations:

$9.9 billion – Highway construction
$3.2 billion – Rail and public transportation
$13.1 billion – Total six-year program

Online resources:

CTB presentation of Final Six-Year Improvement Program 
Link
SYIP database