Safety Technologies Inc., which manufactures explosion-supressing technologies, is spending $5.89 million to open a manufacturing center in Lunenburg County and expand its executive offices in Fairfax County. The project will create 46 jobs in Lunenburg and 15 new jobs in Fairfax.
STI manufactures the Detonation Suppression System (DSS), which prevents explosions in fuel storage systems. DSS fights energy or terrorist attacks that are designed to explode a fuel storage tank or fuel tanker.
Virginia competed against Alabama, Maryland, New Mexico and Pennsylvania for the project.
“The commonwealth offers a strong manufacturing base, the best access to domestic and global markets, and the cost of doing business and quality of work force are among the best in the country,“ Nick Stergioulas, president and CEO of the company, said in a statement. “We chose Lunenburg County for our manufacturing facility because of its location, its hardworking work force and the overall support we got from the local community. We found the location to be ideal due to its proximity to the major Virginia ports and highways, the proximity to Northern Virginia and the availability of suitable workforce that can fulfill our manufacturing needs.“
Gov. Bob McDonnell approved a $100,000 grant from the Governor’s Opportunity Fund to help Lunenburg with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $160,000 in Tobacco Region Opportunity Funds for the project.
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