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Town of Narrows Awarded $699,346 in Grants

NARROWS, VA — The Town of Narrows in Giles County was awarded $699,346 in Community Development Block Grant (CDBG) funding. Narrows was awarded the CDBG Competitive Grant Award for Business District Revitalization.

The federally-funded grant program has been administered by the Virginia Department of Housing and Community Development since 1982. “This program has long been providing funding for projects that improve the quality of life for thousands of Virginians every year,” said former Virginia Governor Terry McAuliffe. “Through Community Development Block Grants, we are able to address needs across the Commonwealth…I congratulate the four grantees and look forward to the success of these projects in Virginia.”

Conceptual rendering of possible improvements to the downtown in Narrows.

The grant was facilitated by a volunteer team of citizens with the help of the NRV Regional Commission. The proposed project will focus on the business district and encourage visitors to explore Narrows. It will create more public spaces and amenities for events and tourism, such as a Creekside Trail, public space along Wolf Creek, and more organized walkways.

This project will even provide matching funds for updates to commercial properties that would improve the facades and create better street views.

Governor McAuliffe also recommended that the Appalachian Regional Commission (ARC) give $392,588 to the Town of Narrows to locate an outdoor outfitting business right off Wolf Creek. The ARC is set to finalize this project award approval in 2018.

Learn more about Narrows.

Read more from Giles County and the full news release from the Governor’s office.

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Governor McAuliffe Announces 83 New Jobs in Giles County

~ Interstate Group LLC to invest $4.1 million to establish East Coast manufacturing and distribution operation ~

 

GLEN LYN, VA – Governor Terry McAuliffe today announced that Interstate Group LLC, an industry leader in the manufacturing and sale of enclosed cargo trailers, will invest $4.1 million to establish a 100,000-square-foot East Coast manufacturing and distribution operation in the former GE Fairchild Mining Equipment plant in Giles County. Virginia successfully competed against North Carolina for the project, which will create 83 new jobs.

“We are thrilled that Interstate Group has selected Giles County and the Commonwealth as the home of its East Coast operations,” said Governor McAuliffe, speaking at the announcement. “This important project will not only create new jobs for an area that has been hard hit by recent closures, it will bring a shuttered plant back into productive use. With one of the nation’s largest transportation networks, an outstanding workforce, and competitive operating costs, the Commonwealth is the ideal location for Interstate Group as it expands its footprint. This is a major win for the New River Valley, and we are proud the company will contribute to our efforts to diversify and build a new Virginia economy.”

 

Founded in 1995, Interstate Group LLC is an industry leader in the manufacturing and sales of enclosed cargo trailers. The company is headquartered in Nampa, Idaho, and has manufacturing plants in Arkansas, Arizona, and Idaho.

 

“Strengthening the advanced manufacturing sector in the Commonwealth continues to be a top priority, and Interstate Group will be a great addition to the growing cluster in the New River Valley,” said Secretary of Commerce and Trade Todd Haymore. “Interstate Group joins nearly 6,000 manufacturing firms that operate in Virginia and generate more than $113 billion in direct annual economic output, and will bring vital, quality jobs to the region. We’re proud to add the company to our corporate roster, and we look forward to a long partnership.”


“Interstate is excited to select Glen Lyn as the location for our fourth and largest manufacturing plant,” said Michael Snow, CEO of Interstate Group. “We looked at other states in the region and at multiple locations in Virginia. The opportunity to repurpose an existing facility, combined with the incentives we received from the Commonwealth and Giles County, will help us reduce the cost of our investment while preserving our culture of high incentive-based pay for our team members. I have been very impressed with the understanding and responsiveness of the state and local officials to our needs and timelines. We look forward to being part of this community and making it the foundation of our growth on the East Coast.”

 

The Virginia Economic Development Partnership worked with Giles County and Onward New River Valley to secure the project for Virginia. Governor McAuliffe approved a $200,000 Commonwealth’s Opportunity Fund to assist the County with the project. The company will be eligible to receive Sales and Use Tax Exemptions on manufacturing equipment, and will also be eligible to receive a Major Business Facility Job Tax Credit. Funding and services to support Interstate Group’s employee training activities will be provided through the Virginia Jobs Investment Program.

 

“This is great news for the entire New River Valley and we are very excited that Interstate Group has chosen Giles County as the location for its East Coast manufacturing facility,” said Richard McCoy, Chairman of the Giles County Board of Supervisors.

“These jobs are much needed in an economy that has been hard hit by downturns in the coal industry” added Dr. S. Lee Wheeler, Chairman of the Giles County Industrial Development Authority. We appreciate the work of the Economic Development Partnership, the Governor’s office, Onward New River Valley, and all of all those involved in making this a reality.”


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

 

Interstate Group LLC
Contact:  Michael Snow
Phone: 208 442 7640
Email: snowm@interstatecargo.com

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

JBR Vineyards to Open New Farm Winery in Giles County

RICHMOND, VA – Governor Terry McAuliffe today announced that JBR Vineyards, LLC will expand its vineyard operation to open a farm winery in Giles County. The company will invest over a quarter of a million dollars in the construction of its new winery and tasting room, which will create two new jobs. JBR planted Giles County’s first vineyard in 2006 and plans to now expand the vineyard substantially to support its wine production. Through this expansion, JBR will use over 14 tons of Virginia-grown grapes in its wines over the next three years.

“JBR Vineyard’s continued growth and investment in Giles County is great news for Virginia’s rural areas and agriculture sector overall,” said Governor McAuliffe. “Investments like these create jobs and open new markets for agritourism in the region. Today’s announcement is a great win for Virginia’s agriculture industry as we continue with our ongoing efforts to build and diversify the new Virginia economy.”

“Through its commitment to producing high quality estate wines, JBR Vineyards is furthering Virginia’s efforts at growing this important sector of the economy,” said Secretary of Agriculture and Forestry Basil Gooden. “I am pleased the Commonwealth could partner with Giles County through the AFID Program to support this local business in a flourishing industry.”

“The vineyard/winery industry in Virginia is starting to be noticed,” said co-owner of JBR Vineyards LLC and Giles County native Jessee Ring. “With our vineyard expansion, new facilities were needed and we chose to do that at the Giles County vineyard. We appreciate the help we have gotten from the County and the Commonwealth. We look forward to continuing this exciting journey!”

“We are excited that VDACS and the Governor’s Office continue to promote and support new business opportunities like JBR Vineyards,” said Chris McKlarney, Giles County Administrator. “Giles County is pleased to join with our Commonwealth of Virginia partners in the effort to expand our economy and create new jobs for our citizens. Agriculture is important to Giles County and the addition of a vineyard and winery will provide additional tourism opportunities for visitors to Virginia’s Mountain Playground.”

The Virginia Department of Agriculture and Consumer Services worked with Giles County and JBR Vineyards to secure this project for Virginia. Governor McAuliffe approved a $5,000 grant from the Governor’s Agriculture and Forestry Industries Development Fund, which Giles County will match with local funds.

Full Release

Office of the Governor
Contact: Brian Coy
Email: Brian.Coy@governor.virginia.gov

Virginia Department of Agriculture and Consumer Services
Contact: Elaine Lidholm
Phone: (804) 786-7686
Email: Elaine.Lidholm@vdacs.virginia.gov

JBR Vineyards, LLC
Contact: Jessee and Deborah Ring
Phone: (540) 250-7293

Charlotte Gomer
Assistant Communications Director
Office of Governor Terence R. McAuliffe
Charlotte.Gomer@governor.virginia.gov

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Governor McAuliffe Announces Forbes.com Ranks Virginia No. 5 Best State for Business

~ Commonwealth moves up in annual survey ranking business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life ~


RICHMOND, VA – Governor Terry McAuliffe today announced that Virginia was named No.5 in the Forbes.com 2017 Best States for Business ranking. This position represents a jump from No.6 in the 2016 survey and No.7 in 2015. Virginia has placed in the top 10 since the ranking’s inception in 2006, and ranked among the top two states every year from 2006 through 2013.


“The Commonwealth’s advancement in major national rankings like Forbes.com is strong evidence of our success in building the new Virginia economy,” said Governor McAuliffe. “We are working tirelessly with our economic development partners across the Commonwealth to put Virginia on top, and today’s announcement demonstrates that our efforts are working. We are committed to building on this upward trajectory by offering the infrastructure, regulatory environment, and robust workforce to ensure Virginia is the premier business destination in the United States.”

Forbes uses six factors to determine state rankings, which include: business costs, economic climate, growth prospects, labor supply, quality of life, and regulatory environment. The Commonwealth finished in the top 10 in three of the six categories examined in the review published today, including #2 for Regulatory Environment, #3 for Labor Supply, and #8 for Quality of Life. According to Forbes.com, Virginia ranks second for its regulatory climate because of its strong incentive offerings and business-friendly government policies.


“Virginia’s improved standing in Forbes.com’s Best States for Business rankings is a testament to the commitment of Governor McAuliffe’s administration and all of our allies at the state, regional, and local levels to make the Commonwealth the premier destination for business,” said Secretary of Commerce and Trade Todd Haymore. “There is still work to be done to return Virginia to its top standing, and we will continue to build on this positive momentum working with members of the General Assembly and our public and private sector partners.”


For the entire Best States for Business ranking report, please visit here.


Full Release


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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.


Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Governor McAuliffe Announces Grupo Phoenix to Create 145 New Jobs in Pulaski County

Company to invest $48.7 million to expand manufacturing operation for third time

FOR IMMEDIATE RELEASE

Date: April 12, 2017

Commonwealth of Virginia Office of Governor Terry McAuliffe

PULASKI – Governor Terry McAuliffe today announced that Grupo Phoenix, a manufacturer of rigid packaging containers for the global food and beverage industry, will invest $48.7 million to expand its subsidiary manufacturing operation, Phoenix Packaging Operations, LLC, in Pulaski County. Virginia successfully competed against Arizona and Mexico for the project, which will create 145 new jobs. Governor McAuliffe and other Virginia officials met with the Grupo Phoenix leadership during an August 2016 trade and marketing mission to Colombia. Grupo Phoenix established its first U.S. manufacturing facility in Pulaski County in 2010. This project represents the company’s third expansion, bringing its investment in the operation to $106.2 million and a total of 585 new jobs.

“Grupo Phoenix is a valuable employer that is creating new, quality jobs that necessitate critical skills of the 21st century, and we are honored to boast this global business on our corporate roster,” said Governor McAuliffe, speaking at the announcement. “Strengthening the advanced manufacturing sector is a key component of our mission to diversify and build a new Virginia economy, and when a high-caliber manufacturer like Grupo Phoenix continues to invest in the Commonwealth, it is evidence that our efforts are working.”

“After meetings and discussions both here and in Bogotá, I am pleased to congratulate Grupo Phoenix and Pulaski County on another outstanding expansion,” said Secretary of Commerce and Trade Todd Haymore. “Grupo Phoenix’s investment is strengthening Virginia’s standing in the growing packaging industry which has created more than 6,600 jobs and over $3.9 billion in capital investment in Virginia since 2007. The New River Valley provides an incredibly strong labor pool, competitive business climate and strategic access to major interstates—all factors that will undoubtedly promote Phoenix’s continued success in the Commonwealth.”

Phoenix Packaging Operations, LLC, is a subsidiary of Grupo Phoenix. Headquartered in Bogotá, Columbia, Phoenix Packaging was established in 1999 through the integration of several industry-leading companies in Colombia, Mexico, the Southern Cone, and Venezuela. With sales in over 30 countries, Grupo Phoenix is one of the largest packaging manufacturing conglomerates in Latin America, dedicated to the creation, design and manufacturing of rigid packaging and food service disposable products.

“Grupo Phoenix evaluated various location options to build upon its future in the United States and chose Virginia due to a variety of factors, including a central location that allows us to be within 400 miles of 80 percent of the U.S. East Coast population; the ability to negotiate electricity at a competitive rate; access to rail transport, which reduces our logistics; a motivated labor force; support from the local colleges and universities to assist us with training specialized technical jobs; and the accessibility and unwavering support of the government to work together within the industry to create jobs,” said Grupo Phoenix CEO Alberto Peisach.

The Virginia Economic Development Partnership worked with Pulaski County and the New River Valley Economic Development Alliance to secure the project for Virginia. Governor McAuliffe approved a $600,000 grant from the Commonwealth’s Opportunity Fund to assist the County with the project. The Governor also approved a $1 million performance-based grant from the Virginia Investment Partnership (VIP) program, an incentive available to existing companies. Grupo Phoenix will also receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program, and is eligible to receive funding from the Rail Industrial Access Program, administered by the Virginia Department of Rail and Public Transportation. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, and funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program. “Pulaski County is proud to be home to Phoenix Packaging and its cutting-edge manufacturing processes, and we are so very thankful for its demonstrated commitment to this community and its workforce through its sustained growth of new jobs and capital investments,” stated Jonathan Sweet, County Administrator. “The Board of Supervisors has made it a priority for Pulaski County to become the center of international business and the advanced-manufacturing hub of Southwest Virginia, and with the success of this project, continued assistance and support from the Commonwealth, and further results from our world-class economic development team, we are well on our way to realizing this county’s full potential.”

“It is always good news when a Virginia-based company chooses to reinvest here and does so, in part, because of the benefits it gets by moving its cargo across The Port of Virginia,” said John Reinhart, CEO and Executive Director of the Virginia Port Authority. “Phoenix Packaging is unique because it is a current port user that supplies packaging for other port customers as well. We welcome the opportunity to grow our partnership with this company by serving as its international trade gateway. Phoenix Packaging is growing and the Commonwealth will benefit as a result.”

“The expansion of Phoenix Packaging is a Southwest Virginia success story and is a reflection of the economic potential in our region,” said Congressman Morgan Griffith. “I am proud of Phoenix Packaging Operations, LLC, and its local workforce, for their commitment to Southwest Virginia and their contributions to our local economy.”

“I’m glad to see the expansion of Phoenix Packaging Operations in Pulaski,” said Delegate Nick Rush. “Job growth like this in Southwest Virginia is greatly appreciated.”

  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   Grupo Phoenix Carlos Tapias (540) 307-4050 carlos.tapias@grupophoenix.com

About Us:

Virginia’s New River Valley is a vibrant community that’s home to two state universities, Virginia Tech and Radford University, and a diverse industry base ranging from large international corporations to small technology startups. The region is designated the Blacksburg-Christiansburg Radford Metropolitan Statistical Area and encompasses the counties of Floyd, Giles, Montgomery, Pulaski and the city of Radford.

The New River Valley Economic Development Alliance is a public/private, not-for-profit organization whose mission is to market the New River Valley, to foster job creation, facilitate new investment and to improve the quality of life in the region.

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Governor McAuliffe Announces $2.125 Million Camrett Logistics Investment in Pulaski County

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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Governor McAuliffe Announces $38.1 Million Volvo Group Investment in Pulaski County

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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