Industries

For the Record - Southern Virginia, November 2010

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EcomNets, a Herndon-based IT company, is renovating a building in Danville as a facility for the production of Verdio green computers. The company plans to employ 160 people within three years. (Danville Register & Bee)

Essel Propack America LLC, a manufacturer of plastic tubes and caps, plans to invest $10 million in its Danville operations. The company will buy the plant it has leased in Airside Industrial Park for $2.7 million, then consolidate its area operations there after expanding the space by 100,000 square feet. (Danville Register & Bee)

Home Care Industries, a supplier of floor-care accessories in Clifton, N.J., plans to invest $1.5 million to open a manufacturing and distribution center in Mecklenburg County.  The project will create 150 jobs. (News release)

The Institute for Advanced Learning and Research in Danville received a $200,000 grant from the U.S. Education Department to support efforts in education about green technologies. The institute will construct a mobile unit with solar panels, wind turbine and other green technology demonstrations to help educate students and the public about green technology and its potential for future jobs and growth. (Danville Register & Bee)

JTI Leaf Services, a Danville-based export market for regional tobacco growers, plans to add 60 jobs, giving it 230 full-time and seasonal workers. JTI, a joint venture between Japan Tobacco International, Hail & Cotton and J.E.B. International, also plans to invest $30 million in its operation over the next few years. (Media General News Service)

Stanley Furniture Co. filed to hold a rights offering for stockholders to receive transferable rights to purchase more shares of Stanley common stock at 2 cents per share. Gross proceeds are expected to be about $10 million. Net proceeds will be used for additional working capital and general corporate purposes. (Business Wire)

The Tile Shop, a provider of stone, ceramic and porcelain tiling materials, will open a warehouse and distribution center in Henry County. The $1.1 million investment will create 25 jobs. (News release)

 

 


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