McAuliffe announces Winchester Metals expansion
Winchester Metals will expand its manufacturing operations in Frederick County with an $870,000 investment, creating 17 new jobs in the process, Gov. Terry McAuliffe announced in a press release Thursday.
The expansion calls for the addition of laser/punch combination equipment, which will allow for a third work shift, the statement says.
This is the second Virginia Jobs Investment Program (VJIP) grant for the family owned company this year, which used the program for retraining 29 employees. The Virginia Economic Development Partnership oversees the VJIP, which is a state-funded initiative to encourage job growth in Virginia.
“Following its jobs retraining announcement earlier this year, Winchester Metals continues its impressive growth with this expansion,” McAuliffe stated in the release. “Strengthening industries that create jobs of the 21st century is a critical component of the new Virginia economy, and the burgeoning advanced manufacturing sector is impacted by businesses of all sizes across the Commonwealth.
“Winchester Metals has been an ideal corporate steward in Frederick County for more than 40 years, and we look forward to seeing what the coming decades hold for them,” he added.