Würth Revcar to relocate corporate HQ to Roanoke County
Company has been in Roanoke region for decades
A global company with ties to Roanoke going back decades is opening its new corporate headquarters and East Coast distribution center in Roanoke County.
Würth Revcar Fasteners Inc., a Würth Industry North America company and part of the worldwide Würth Group based in Germany, will make Roanoke County its headquarters and open its single largest facility in North America, Cushman & Wakefield |Thalhimer announced March 10.
The company will lease the 387,558-square-foot former Home Shopping Network building at 1 Avery Row and expects to open its new location in the third quarter. Würth Revcar’s industrial division is in the city of Roanoke, on Thirlane Road NW.
Würth Revcar Fasteners is a full line and full-service assembly component supplier and an approved level-one fastener distributor to many U.S. Navy and military accounts worldwide.
Revcar Fasteners was founded in Roanoke in 1969 and has been headquartered in the Roanoke Valley since then. The Würth Group, the world’s largest industrial distributor, acquired Revcar Fasteners in 1996.
“We are excited to relocate Würth Revcar to a new, larger headquarters in Roanoke,” Dan Hill, CEO of Würth Industry North America, said in a statement. “This move represents another significant milestone for our fast-growing organization. The new facility supports our customer-centric distribution strategy in North America while accommodating our growing team. The additional space will also help drive innovation and provide the opportunity for further expansion.”
The facility will not only be the new headquarters but will be its primary distribution center for the East Coast. It will ship to customers throughout North America and distribute inventory to eight regional ranches.
The company plans to initially invest $5 million in office renovations, sustainable energy solutions and warehouse infrastructure, and make subsequent investments in warehouse automation and equipment.
“We are excited about the opportunity for a world-class headquarters that will allow us to attract, retain and develop top talent in the same location as a highly efficient, large-scale distribution facility,” said Chapman Revercomb, managing director of Würth Revcar Fasteners.
The company expects to add 50 office and warehouse positions as it ramps up operations in the new facility.
“As a family-owned company with a 75-year history, we place the utmost importance on positively impacting the communities we operate in, and we are thrilled to play a role in the growth of the Roanoke area through our new building,” Hill said.
Norman K. Moon Jr. and Kent Roberts of Cushman Wakefield l Thalhimer represented Würth Revcar Fasteners in the lease negotiations, with the assistance of John M. Minervini in Cushman & Wakefield’s Los Angeles office.
Doug Faris and Derek Anderson, with Binswanger, represented the landlord, Blue Ridge Partners LLC.