Business Announcements Archives | Page 5 of 5

Camrett Logistics to expand its operation in Pulaski, add 38 new jobs in New River Valley

FOR IMMEDIATE RELEASE

Date: December 11, 2015

Commonwealth of Virginia Office of Governor Terry McAuliffe

RICHMOND – Governor Terry McAuliffe announced today that Camrett Logistics Inc., a full service third party logistics (3PL) company that serves Virginia and the surrounding region, will invest $2.125 million to expand its operation in Pulaski County. The project will create 38 new jobs.

Speaking about today’s announcement, Governor McAuliffe said, “Camrett Logistics is a valued Virginia business established in 1995 that has grown to six locations in the Commonwealth. This impressive company offers material solutions to manufacturers and distribution companies, a vital service to help us grow our advanced manufacturing industry. Growing this important sector will help us diversify and build a new Virginia economy, and this expansion will bring much-needed jobs to Pulaski County.”

“We are very encouraged by the addition of new jobs in Pulaski County,” said Secretary of Commerce and Trade Maurice Jones. “Advanced manufacturing continues to be one of the industries with great growth prospects in the Commonwealth. This expansion is a testament to the superior workforce, business climate and infrastructure in Southwest Virginia, and we look forward to continuing this great partnership with Camrett.

Started by Collin Peel in 1995 with one straight truck and a 10,000-square-foot warehouse in Rural Retreat, Virginia, Camrett has expanded to warehouses and over-the-road transportation in more than three states. Camrett Logistics offers warehousing, distribution, consolidation, kitting, transportation, and a handful of other logistics services.

“We are excited to be expanding into the Radford community,” said Collin Peel, President of Camrett Logistics Inc. “The old AT&T building (as it was known) is a well-built facility that needs some tender loving care. We have started replacing parts of the roof, removing all the old lighting and duct work and replacing them with the latest high-efficiency lighting and gas powered heaters. The employees that have joined us here in Radford have been truly amazing—start-up operations are often chaotic, and these new employees did what was necessary to keep the customer happy. Our goal is to have the full facility 100 percent warehouse-ready by March 2016. We will seek local manufactures and new ones wishing to expand their operations into the south side of the building. The full facility has nearly 600,000 square feet of space, 27 dock doors and an abundance of offices available. Camrett, as a whole, manages over 1.4 million square feet in Southwest Virginia.”

The Virginia Economic Development Partnership (VEDP) worked with Pulaski County to secure the project for Virginia. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Camrett will also receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program, administered by VEDP.

“It is exciting for our county to have a once-closed manufacturing facility open and employing Pulaski County residents, and even better is that it will be occupied by a company that is already in Pulaski County—Camrett Logistics,”said Joe Sheffey, Chairman of the Pulaski County Board of Supervisors. “We are excited that Camrett will expand their operations in our county and add to our local economy. The 38 jobs that will be created in Pulaski County represent 38 families that will contribute in a positive way to our community.”

“A strong logistics network requires many partners working together to support the import and export needs of Virginia’s manufacturers and distributors,” said John Reinhart, CEO and executive director of the Virginia Port Authority.“This strategic decision by Camrett Logistics to reinvest in Virginia strengthens the Commonwealth’s international logistics network, reinforces Virginia’s position as business location, creates jobs for Pulaski County and contributes to the growth of The Port of Virginia. Camrett is expanding and we are pleased that the port has a role in the company’s future.”

I am pleased to learn that Camrett Logistics’ investment in Pulaski County will result in 38 much-needed jobs and a vital boost to our local economy,” said Delegate Nick Rush. “I commend the Virginia Economic Development Partnership and the local government representatives of Pulaski County for their efforts in making this project possible. I am grateful for Camrett Logistics’ commitment to the New River Valley and hope for its continued success for years to come.

Office of the Governor

Contact: Brian Coy

Email: Brian.Coy@governor.virginia.gov

Virginia Economic Development Partnership

Contact: Suzanne Clark

Phone: (804) 545-5806

Email: sclark@yesvirginia.org

Camrett Logistics

Contact: Collin Peel

Phone: (276) 625-8103

E-mail: cpeel@camrett.com

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Volvo to upgrade truck plant, develop Customer Experience Center, add 32 jobs in New River Valley

DUBLIN – Governor Terry McAuliffe announced today that the Volvo Group will invest $38.1 million at the New River Valley (NRV) assembly facility in Pulaski County, where all Volvo Trucks models for North America are assembled. The investment will allow Volvo to make several plant upgrades and build a 36,000-square-foot Volvo Trucks Customer Experience Center on the NRV grounds. In addition to the investment, Volvo will add 32 new jobs at NRV.

Speaking about today’s announcement, Governor McAuliffe said, “Growing the advanced manufacturing industry is a key part of our efforts to create jobs, diversify and build a new Virginia economy. This is the largest Volvo truck manufacturing facility in the world, and we are pleased that the Volvo Group chose Virginia for this significant expansion that will ensure its success and longevity in Pulaski County for years to come.” “This announcement is a testament to the great workforce and best-in-class business environment in Pulaski County and the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “The advanced manufacturing industry in Virginia continues to gain momentum, and we are proud that Volvo is a leader in this key sector.” Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy-duty trucks. Customer support is secured via a global network of 2,200 dealers and workshops in more than 120 countries. Volvo trucks are assembled in 16 countries across the globe. In 2014, more than 117,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses and construction equipment, and drive systems for marine and industrial applications. The Group also provides solutions for financing and service. Volvo’s work is based on the core values of quality, safety and environmental care. “Volvo’s investment in the NRV facility and in the development of a Customer Experience Center is evidence of our commitment to our employees and the Pulaski County community,” said Gӧran Nyberg, president of Volvo Trucks North America. “Our competitive advantage stems from our innovative products and services, and also from our dedicated employees.” The Virginia Economic Development Partnership (VEDP) worked with Pulaski County to secure the project for Virginia. Governor McAuliffe approved a $100,000 grant from the Commonwealth’s Opportunity Fund to assist Pulaski with the project.The Governor also approved a $2 million performance-based grant from the Virginia Investment Partnership program, an incentive available to existing Virginia companies. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program, administered by VEDP. “The Pulaski County Board of Supervisors and County staff are pleased to have assisted Volvo with this effort,” said Joe Sheffey, Chairman, Pulaski County Board of Supervisors. “We are extremely proud of what Volvo has accomplished over the past 40 years. Volvo continues to be a leader in the local economy, in our quality of life and in the environmental care for the community we call home.” “This is fantastic news for Pulaski County and the New River Valley,” said Delegate Nick Rush. “Volvo Trucks is one of the best manufacturers in the world, and their commitment to the New River Valley is a testament to the hard work of its employees and the County’s continued efforts to bring good-paying jobs to our community.” “The Volvo Group has been a valuable community partner in Pulaski County and the New River Valley Region,” said Senator Ben Chafin. “It is great to see Volvo continuing to invest in Virginia. These new jobs are a positive step forward in building a stronger economy in Southwest Virginia.” Since the beginning of the McAuliffe administration, 471 economic development deals have been closed in Virginia with more than $7.799 billion in capital investment, more than any previous governor in his first 20 months in office. Office of the Governor Contact: Brian Coy (804) 225-4260 Brian.Coy@governor.virginia.gov Virginia Economic Development Partnership Contact: Suzanne Clark (804) 545-5806 Sclark@yesvirginia.org Volvo Trucks North America Contact: John Mies (336) 543-9094 John.Mies@volvo.com

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