New jobs are coming to the Hill City.
Governor Bob McDonnell announced on Monday afternoon, that Porter's Group LLC plans to set up its first Virginia facility in Lynchburg.
Gov. McDonnell says the company will invest $1.8 million to upgrade a manufacturing site, and create 120 new jobs.
Porter's Group LLC is a fabricated metal products manufacturer. The facility will focus on making metal products such as "safes and related products and parts," McDonnell noted in a news release.
A $300,000 grant from the Governor's Opportunity Fund helped lure the company to the Hill City. The Virginia Department of Business Assistance will help support Porter Group's recruitment and training for the new facility.
"This tremendous project is a well-timed win for Porter's Group, LLC and the City of Lynchburg," the Governor stated in the release. "The company's purchase of an existing manufacturing facility and its assets enables a quick turnaround to production, and the first Virginia operation will allow access to new markets in the Mid-Atlantic. The City of Lynchburg gains a new employer and owner for an available property, as well as 120 new good-paying jobs that utilize the existing workforce talent in the region."
"We are very excited for this opportunity to join the Lynchburg, Va. business community and create a long and prosperous relationship," Charles Saleh, Porter's Group, LLC CEO stated. "We look forward to contributing to the economic growth in the Lynchburg area."
"Porter's Group has made a sound business decision with Lynchburg's low-cost business environment and quality workforce," Mayor Michael Gillette said. "The City of Lynchburg is pleased to show our commitment to Porter's Group, and we look forward to many prosperous years of partnership."
"It is exciting to welcome the expansion of a new advanced manufacturer and assist in the creation of new jobs," said Lynchburg Economic Development Chair, Mark Varah. "The LEDA remains committed to attracting, retaining and expanding a diverse set of businesses to support and grow the Lynchburg economy."
"With this project we welcome another corporate partner to the Commonwealth," said Jim Cheng, Virginia Secretary of Commerce and Trade. "Porter's Group's new operation will not only expand the company's footprint on the east coast, it will also provide 120 experienced workers in the City of Lynchburg with quality jobs."