Munters Corporation, a manufacturer of energy recovery systems, dehumidification systems and custom air handling equipment, will invest $2.5 million to expand and upgrade equipment at its manufacturing operation in Buena Vista, VA. Virginia successfully competed against several other states for the project, which will create 100 new jobs.
“The selection of our Buena Vista, Virginia, facility as a centerpiece of Munters’ data center production expansion is a testament to the craftsmanship, skill and professionalism of our local workforce and the favorable business climate that we enjoy in our commonwealth,” said Munters Director of Virginia Operations Don Driscoll. “We see fantastic results from the workforce that already calls this area home, and the unmatched quality of life we enjoy in our region makes it easier to recruit top candidates that need to relocate from other parts of the country (and the world). The customers we serve have strict demands and high expectations, and with the advantages I’ve just outlined, we’re uniquely suited to exceed those expectations.”
Using innovative technologies, Munters serves customers in a wide range of industries, with the largest customers representing the data center, food, and pharmaceutical sectors. The company’s manufacturing and sales are carried out in 30 countries by nearly 2,700 employees.
“Munters is an essential employer and corporate partner to the City of Buena Vista, and this expansion is a great win for the region and the commonwealth,” said Gov. Terry McAuliffe. “The company’s engineered air systems are in high demand for the data center industry, and this expansion enhances Munters’ standing as leading supplier in the U.S. for this product. The addition of 100 new, good-paying manufacturing jobs that offer skills of the 21st century is another success in our efforts to diversify and build the new Virginia economy.”
The Virginia Economic Development Partnership will support Munter’s new job creation through its Virginia Jobs Investment Program (VJIP). VJIP provides consultative services and funding to companies creating new jobs or experiencing technological change to support employee training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for its citizens.
“With several other states competing for this project, Munters’ decision to expand in Buena Vista is a testament to the region, its workforce, and the commonwealth as a whole,” said Secretary of Commerce and Trade Todd Haymore. “As the data center industry continues to grow, it will have a positive spinoff effect for Munters through increased demand for its engineered solutions. We celebrate the growth of another manufacturer that is advancing this critical sector in Virginia, which represents more than $113 billion in direct annual economic output.”
Relocating or Expanding Your Business In Virginia
Considering Virginia for your company’s relocation or expansion project? Check out Business Facilities’ Virginia Incentives and Workforce Development Guide.
