Danish company to establish $1.35M manufacturing facility in Henrico
Rose Holm makes threaded bolts for offshore wind industry, other sectors
Gov. Ralph Northam announced Wednesday that Danish manufacturer Rose Holm will invest $1.35 million to establish its first U.S. facility in Henrico County, creating 10 jobs.
Rose Holm produces threaded bolts for the food and beverage, wind power and heat exchange industries in Northern Europe. The new operation will allow the company to further its wind energy efforts, according to Northam’s office. Virginia successfully competed with Indiana for the project.
“Virginia is all in for clean energy, and we welcome Rose Holm’s decision to locate its first U.S. operation in our commonwealth,” Northam said in a statement. “Our Clean Energy Virginia initiative is driving new investment and new jobs in renewable energy, and now it is bringing a new manufacturing facility to Henrico County. We look forward to a strong partnership with Rose Holm as we work to make Virginia a hub for the East Coast offshore wind supply chain and service industries.”
Established in 1953 by Erik Rose Holm, the privately owned company was taken over in 2010 by Ann Rose Bokkenheuser, who was the third generation to own and serve as the company’s CEO. The company has two Danish production plants that manufacture fastener products year-round.
“We believe that the North American market will expand when it comes to the demand for quality solutions within the highly engineered fastener products portfolio,” factory manager Matthew Barnes said in a statement. “We consider close cooperation with regional partners vital for the growth of Rose Holm, and thus chose Virginia, specifically the greater Richmond region, for its proximity to a long-time and significant customer that calls Henrico County home.”
The Virginia Economic Development Partnership worked with Henrico County, the Greater Richmond Partnership and the Port of Virginia to secure the project for the commonwealth.
“Rose Holm’s decision to establish its first U.S. operation in Henrico County says very clearly that Virginia is a world-class business destination,” Virginia Port Authority CEO and Executive Director John F. Reinhart said in a statement. “This move will bring new jobs and economic investment, and the company will help supply industries already operating in Virginia as well as those in the growing offshore wind industry. This is an example of a manufacturer recognizing the value of the Commonwealth’s many business advantages and assets, and among them is the global gateway offered by The Port of Virginia.”