Smyth County Machine Investing $2.1M In Smyth County, Virginia

The machining and fabrication company will add equipment, expand its product line and create 35 new manufacturing jobs in Smyth County.


https://businessfacilities.com/2019/01/smyth-county-machine-investing-2-1m-smyth-county-virginia/
The machining and fabrication company will add equipment, expand its product line and create 35 new manufacturing jobs in Smyth County.
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Smyth County Machine Investing $2.1M In Virginia

The machining and fabrication company will add equipment, expand its product line and create 35 new manufacturing jobs in Smyth County.

Smyth County Machine Investing $2.1M In Smyth County, Virginia

Smyth County Machine, LLC, a full-service machining and fabrication facility, will invest $2.1 million to add equipment and expand its product line in Smyth County, VA. The company also considered Tennessee for the project, which will create 35 new jobs.

Smyth County, VA
(Photo: Smyth County Machine, LLC)

“Virginia is a manufacturing-friendly, technology-driven state that fosters business integration and, through its team of state, regional, and local partners, supports business owners with a multifaceted range of resources,” said Smyth County Machine President and CEO Greg Sanders. “The economic development professionals are agile, quick to respond, accommodating, and make Virginia attractive by collaborating with local partners to offer training assistance and financial guidance. Smyth County is the place we want to be, and we are blessed to be in a position to provide jobs to the hardworking people of Southwest Virginia.”

The Virginia Economic Development Partnership (VEDP) worked with Smyth County, Virginia’s Industrial Advancement Alliance, and the Virginia Tobacco Region Revitalization Commission to secure the project for Virginia. Governor Ralph Northam approved a $100,000 grant from the Commonwealth’s Opportunity Fund to assist Smyth County with the project. The Virginia Tobacco Region Revitalization Commission approved $200,000 in Tobacco Region Opportunity Funds for the project. Smyth County Machine, LLC is also eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, as well as Sales and Use tax exemptions on manufacturing equipment. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

“Smyth County Machine has been creating jobs and stimulating the economy of Southwest Virginia for more than 40 years, helping make this region a hub for the Commonwealth’s manufacturing industry,” said Gov. Northam. “We are pleased that this homegrown company has decided to expand and add new jobs in Smyth County, which will provide opportunity for our skilled workforce and result in a significant local economic impact.”

“The new leaders of Smyth County Machine have recognized the region’s many assets by choosing to remain and expand in the Commonwealth,” said Secretary of Commerce and Trade Brian Ball. “Southwest Virginia’s dedicated labor force and industry-responsive training programs ensure that leading manufacturers remain equipped with the 21st century talent they need to thrive, and we thank Smyth County Machine for reinvesting in Smyth County and the Commonwealth.”

“Supporting businesses when they wish to expand is an important part of growing our economy here in Southwest Virginia,” said Tobacco Commission member Senator Bill Carrico. “Smyth County Machine has been a valuable part of our community for more than 40 years, and I am pleased that the Tobacco Commission chose to support this project along with the jobs and investment it will bring.”

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