Regional economic development briefs
- March 29, 2011
Dynax to add 95 jobs in Botetourt County
Dynax America Corp., a manufacturer of automotive components, will spend $15.7 million to expand its Botetourt County facility.
The company will expand operations into the former Johnson Controls building, next to its current plant in the EastPark Commerce Center. The new 80,000-square-foot facility will handle receiving and warehousing, freeing up 50,000 square feet in the original factory for increased production.
The expansion will create 95 jobs, averaging more than $34,300 a year.
Dynax’s Chinese parent company considered a number of possible locations, including some in China, before deciding on the Virginia location.
Dynax currently has 360 employees at its Botetourt plant, which makes clutch discs, drive plates, clutch packs and torque converter pistons for automatic transmissions.
Order for coal cars to create 200 jobs
Norfolk-based Norfolk Southern Railway Co. has placed a $100 million order for 1,500 high-capacity coal cars from Chicago-based FreightCar America Inc.
FreightCar’s Roanoke facility will fill the order, creating 200 jobs.
State and company officials hailed the move as a sign of the national economy’s rebound.
Norfolk Southern Railway is a subsidiary of Norfolk Southern Corp. and operates about 20,000 route miles in 22 states and the District of Columbia.
FreightCar laid off much of its Roanoke work force in 2009 during the recession, but work at the Roanoke plant resumed in January.
Health-care expansion to add 125 Roanoke jobs
UnitedHealthcare plans to expand its Roanoke operations, adding 125 jobs over the next two years.
UnitedHealthcare will expand and upgrade its leased office space in the city starting this spring.
The company’s Roanoke employees support the customer care and sales functions of its Medicare and retirement business, which serves 20 percent of the nation’s Medicare recipients.
Canatal opens first U.S. plant in Botetourt
Canada-based Canatal Steel USA Inc. opened its first U.S. operation in Botetourt County in January.
The company said it made the $1 million investment in plant and equipment to better serve its U.S. market, which represents 95 percent of its business.
The company expected to employ 40 full-time employees by April and as many as 100 by 2012.
Canatal Industries makes and installs steel beams for commercial, residential, institutional and industrial building construction.
Vinyl windows plant brings 100 jobs to Pulaski
Pennsylvania-based Dove Vinyl Windows expects to create 100 jobs with the opening of a $2 million plant in Pulaski County.
Dove produces 170,000 vinyl windows a year.
Bruce Dove Jr., the company’s general manager, said the move would put the company closer to its customer base and permit further expansion.
Cobham Sensor moves facility to Blacksburg
Cobham Sensor Systems has relocated to a 50,000-square-foot engineering and manufacturing facility in Blacksburg.
It will produce monolithic microwave integrated circuit components used in defense and aerospace applications, including radar, communications and electronic warfare systems.
The company’s facility previously was in Roanoke.