Munters to create 100 jobs in $2.5 million Buena Vista project
- February 28, 2017
Munters Corp. plans to invest $2.5 million to expand and upgrade equipment at its manufacturing operation in Buena Vista.
The project, announced Tuesday, is expected to create 100 jobs.
On the same day, Filibuster Distillery announced it will invest $795,000 to expand its whiskey production operation in Shenandoah County, creating eight jobs during the next three years.
Munters is a manufacturer of energy recovery systems, dehumidification systems and custom air handling equipment.
Its largest customers are the data center, food and pharmaceutical companies.
Founded in 1955, Munters has manufacturing and sales operations in 30 countries, employing nearly 2,700 workers.
The Virginia Economic Development Partnership will support the project 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.
In the Shenandoah County project, Filibuster Distillery will source all of its corn and rye from Virginia farmers, committing to purchase over 1.57 million pounds of grain.
The commonwealth is partnering with the county and the distillery on this project through the Governor’s Agriculture and Forestry Industries Development (AFID) Fund, which is administered by the Virginia Department of Agriculture and Consumer Services (VDACS).
Gov. Terry McAuliffe approved a $30,000 grant from the AFID Fund, which is being matched by local funds, to assist with the project.