SPARTA Composite Products will invest $13.2 million to open a manufacturing facility in the Suffolk, Virginia. The company will manufacture composite parts for the aerospace and defense industry, creating 198 Virginia jobs over a five-year period. The new facility is expected to be operational in December 2009. Hiring will begin in the 3d quarter of 2009.
"SPARTA already has a significant presence in Virginia, operating in three different localities in the state," Governor Kaine said. "I am confident that as a division of this successful company the Suffolk operation will be the right fit for SPARTA Composite Products' expansion into the East Coast market. The project is also a great complement to the Commonwealth's growing and impressive aerospace cluster."
The Virginia Economic Development Partnership worked with the City of Suffolk and the Hampton Roads Economic Development Alliance to secure the project for Virginia. Governor Kaine approved a $300,000 grant from the Governor's Opportunity Fund to assist Suffolk with the project. The Virginia Department of Business Assistance will provide training assistance through the Virginia Jobs Investment Program.
Wednesday, March 04, 2009
Manufacturing Facility to Bring 198 Jobs to Virginia
Posted by meg rains at 12:58 PM
Labels: Virginia Jobs
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