Showing posts with label Grayson County. Show all posts
Showing posts with label Grayson County. Show all posts

Monday, August 18, 2014

Governor McAuliffe Announces 25 New Jobs in Grayson County

Seal of Grayson County, Virginia
Seal of Grayson County, Virginia (Photo credit: Wikipedia)
~ Hansen Turbine to invest $2.5 million to expand manufacturing operation ~

RICHMOND – Hansen Turbine, a manufacturer of coating spray applications for the aircraft and turbine parts coating industry, will invest $2.5 million to expand operations in Grayson County. Sister company Falcon Turbine will relocate from North Carolina to the facility, providingspecialized aluminized coatings. The project will create 25 new jobs.

Speaking about today’s announcement, Governor McAuliffe said, “Hansen Turbine has been a valued employer in Grayson County for more than six years, and the addition of Falcon Turbine to the operation is tremendous for an economically distressed community. The combined facility will increase efficiency and enable completion of the final product, from manufacturing to finishing, in one location. This quality company is a great component of Virginia’s thriving turbine components manufacturing sector, and as it expands will continue to help diversify the industrial base in the region. As my team and I work to build a new, stronger and more innovative Virginia economy, cutting edge aerospace companies like these will be at the center of our efforts. We welcome Falcon Turbine to Grayson County, and celebrate the addition of 25 new jobs paying above the average prevailing wage.”

“Hansen Turbine is a strong corporate partner to Grayson County, and, combined with Falcon Turbine, we are confident that the expanded operation will be even stronger,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “This project is a great result of efforts to support existing businesses in Southwest Virginia, and we look forward to the company’s future growth and success in the years to come.”

Hansen Turbine is a privately owned company specializing in turbine component manufacturing and coating.  The people who manage and do the work have a long history in the turbine industry. The company’s mission is reliability. Hansen works hard to meet expectations in quality, service, delivery, cost and communication. They continuously refine their procedures, processes and tools.
Falcon Turbine provides specialized smooth cold and diffused aluminized coatings to the power generation and other industries.  They also offer a near “chrome-free” alternative coating that significantly reduces environmental impact without sacrificing performance. The Falcon management, quality assurance and engineering team have in excess of 40 combined years in the aircraft and turbine parts coating industry.
“On behalf of the employees and customers of Falcon Turbine and Hansen Turbine, we thank Governor Terry McAuliffe and his staff, as well as County Administrator Jonathan Sweet and his staff, for the work that went into this project,” said Helmar Nielsen, Owner and President, Hansen/Falcon Turbine, Inc. “Bringing Falcon and Hansen together in Virginia creates a level of efficiency both for our companies and for our customers. It will allow us to cross train and raise the level of competency of our employees in high-tech machining and equally high-tech coating. Virginia is a great state in which to do business, and we commend the Governor and our county leaders for their economic vision and a balanced approach to private and public enterprise.”

The Virginia Economic Development Partnership worked with Grayson County and Virginia’s aCorridor to secure the project for Virginia. Governor McAuliffe approved a $50,000 grant from the Governor’s Opportunity Fund to assist Grayson County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $105,000 in Tobacco Region Opportunity Funds for the project. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“We are excited to have effectively competed for and secured Falcon Turbines’ relocation and expansion project to Grayson County, and the assistance we received from the Commonwealth was key to our success,” said John K. Brewer, Chairman, Grayson County Board of Supervisors. “We feel the company’s strategic decision to co-locate their finishing operations within Hansen Turbines’ manufacturing facility will benefit both companies and provide them both greater stability and increased opportunity for future growth.”   

"On behalf of the Virginia Tobacco Commission, I am excited to welcome Falcon Turbine to Southwest Virginia and congratulate them on their relocation and expansion,” said Senator Bill Carrico, a member of the Virginia Tobacco Indemnification and Community Revitalization Commission and Senate District Representative. “This project positions this company to become an instant force in our region by adding 25 net-new jobs for Grayson County with a capital investment of $2.5 million. This announcement is another positive sign for our local economy and a product of hard work by everyone involved in the project."
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Since the beginning of the McAuliffe Administration, 155 economic development deals have been closed in Virginia that will create over 13,281 jobs and $4.25 billion in capital investment.


Thursday, July 31, 2014

Governor McAuliffe Announces 250 New Jobs for Grayson County

Map of Virginia highlighting Grayson County
Map of Virginia highlighting Grayson County (Photo credit: Wikipedia)
~ Core Health & Fitness LLC to invest $2 million in commercial fitness products manufacturing operation~ 

RICHMOND - Governor Terry McAuliffe announced that Core Health & Fitness LLC, a leader in developing and marketing advanced strength and cardio equipment for the fitness industry, will invest $2 million to expand the former Med-Fit operation in Grayson County. The facility has manufactured Nautilus commercial products for more than 34 years. Virginia successfully competed against California and China for the project, which will create 250 new jobs.

Speaking about the announcement, Governor McAuliffe said, “The addition of Core Health & Fitness LLC to Grayson County’s corporate roster is tremendous for a region that has suffered from recent employment loss. With this investment, the company will build on the existing product line and revitalize an operation that has manufactured Nautilus commercial products for more than three decades, creating 250 new, valuable jobs. Grayson County’s history in producing commercial fitness, wellness and rehabilitation products makes it a great fit for Core Health & Fitness, and we are confident that this project will be of great economic benefit to Southwest Virginia.”

“We welcome Core Health & Fitness to Grayson County and to Virginia,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “Today’s announcement of 250 jobs and a new corporate tenant for the former Med-Fit facility comes at a fortuitous time for a region that continues its economic rebound. We remain ready to do what we can to help facilitate the company’s success in Grayson County.”

Core Health & Fitness LLC is a leader in developing and marketing advanced strength and cardio equipment for the fitness industry. Headquartered in Vancouver, Washington, the company markets and distributes the legendary StairMaster StepMill,® StairMaster StairCimber®, Schwinn® indoor cycling bikes, Star Trac® strength and cardio products and Spinner® bikes worldwide. 

“We are excited to be able to acquire the Nautilus commercial licensing rights and to be able to manufacture world-renowned strength products in Independence, Virginia,” said Dustin Grosz, Core Health & Fitness President and Chief Operating Officer. “The skilled workforce has consistently built some of the best, if not the best, strength fitness equipment in the world. This campus will become our major, world-wide strength manufacturing hub. We are extremely pleased with the amount of support we have received from the Town of Independence, Grayson County and State of Virginia.”

The Virginia Economic Development Partnership worked closely with Grayson County and Virginia’s aCorridor to secure the project for the Commonwealth. Governor McAuliffe approved a $350,000 grant from the Governor’s Opportunity Fund to assist Grayson County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $1.045 million in Tobacco Region Opportunity Funds for the project. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“We are elated that a world-class company such as Core Health & Fitness has chosen to carry on the storied tradition of Nautilus, and we are extremely honored to welcome them into our business community,” said John K. Brewer, Chairman, Grayson County Board of Supervisors. “This project means so much to Grayson County, and our community will forever be grateful for all the support and assistance received from Governor McAuliffe, Secretary Jones, Senator Carrico, Delegate O’Quinn, the Virginia Tobacco Commission, the Virginia Economic Development Partnership and Virginia’s aCorridor that made this deal possible.” 

"I am excited about today's announcement by Core Health & Fitness,” said Senator Bill Carrico, a member of the Virginia Tobacco Indemnification and Community Revitalization Commission and Senate District Representative. “It is an answer to many prayers by the Grayson County families affected by recent job losses and income reductions. I would like to congratulate all the county leaders who worked tirelessly to make this investment a reality.  Since day one of the Med-Fit job losses, Grayson County leaders started the process of finding a solution, and today their efforts have paid off in the form of 250 quality jobs and $2 million in new capital investments. On behalf of the Virginia Tobacco Commission, we are so pleased to have played a $1 million role in this success story, which will provide much-needed opportunities to the great citizens of Grayson County for years to come."