Governor McDonnell announces new jobs - NBC12 - WWBT - Richmond, VA News On Your Side

Governor McDonnell announces new jobs

PRESS RELEASE FROM THE OFFICE OF THE GOVERNOR

RICHMOND, VA (WWBT) - Governor Bob McDonnell announced today that EURO-COMPOSITES¯  Corporation will invest $11.25 million to expand in Culpeper County. The operation manufactures honeycomb composite material used in the aerospace and other industry sectors and will create 70 new jobs. Virginia successfully competed against South Carolina for the project.

In addition, the Governor announced that Solution Matrix, Inc. (SMI), a leader in cold-therapy products for the health care industry, will invest $2.25 million to relocate its headquarters and manufacturing operations from Pennsylvania to Franklin County. The company will construct a 25,000-square-foot facility in the Franklin County Commerce Center, creating 80 new jobs within three years.

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