James Hardie Building Products Invests $25 Million to Expand in Pulaski
James Hardie Building Products announced plans to invest $25 million in its manufacturing operation in Pulaski, creating 69 new jobs. The expansion will add a new product line and allow the company to increase its production for the U.S. market.
James Hardie is headquartered in Dublin, Ireland, and is a global leader in manufacturing fiber cement siding and backerboard. The company’s products are used in new residential construction, manufactured housing, repair and remodeling, and a variety of commercial and industrial applications.
The Pulaski plant has successfully operated for almost 10 years and is the only James Hardie plant in the U.S. capable of producing the company’s entire product line.
Virginia won this project over Florida and Illinois due to the company’s positive experience with Pulaski, including its strong manufacturing workforce, strategic location along the I-81 corridor, and close proximity to suppliers and customers.
Liberty-Source PBC Creates 596 Jobs at Fort Monroe in Hampton
Liberty-Source PBC announced that it will invest $1.56 million to establish an operation at Fort Monroe in Hampton. The project will bring 596 new jobs to the Hampton Roads region.
Liberty-Source is a business process outsourcer that specializes in providing end-to-end finance and accounting services. As a public benefit corporation, the company focuses on reshoring back-office jobs to the U.S. by employing staff from the military community. The company’s mission emphasizes the recruitment of military spouses, whom the company believes make up a well-educated, yet under-employed population.
The strength of the Hampton Roads workforce was a major deciding factor for the company. "Virginia is the ideal location to headquarter a BPO operation," said Liberty-Source President and CEO Steve Hosley. "With over 30,000 active military from all five branches in the greater Hampton Roads area, Fort Monroe provides us access to a highly skilled and dedicated workforce."
This project also adds economic value to the Fort Monroe location, which was decommissioned as a military base in September 2011. Fort Monroe encompasses 565 acres and 259 buildings, with space available for lease in both the commercial and residential markets.
Core Health & Fitness Announces 250 New Jobs for Grayson County
Core Health & Fitness recently announced plans to invest $2 million to expand the former Med-Fit operation in Grayson County. Virginia successfully competed against California and China for the project, which will create 250 new jobs.
The Med-Fit facility has operated in Grayson County for more than 34 years and manufactures a range of Nautilus exercise equipment. Core Health & Fitness markets strength and cardio equipment, including the StairMaster StepMill®, StairMaster StairCimber®, Schwinn® indoor cycling bikes, Star Trac® strength and cardio products and Spinner® bikes.
The expertise of the region’s skilled advanced manufacturing workforce was a key decision factor. According to Core Health & Fitness COO Dustin Grosz, "The skilled workforce has consistently built some of the best, if not the best, strength and fitness equipment in the world. This campus will become our major worldwide 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."
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