Gov. Terry McAuliffe announced Thursday that TruckVault, Inc., is investing $1.5 million to open a manufacturing operation in Mount Jackson that will 60 jobs at full capacity.
“From the town’s perspective, we welcome them with open arms, and are certainly glad to have them here in Mount Jackson,” said Kevin Fauber, Mount Jackson town manager. “Hopefully this is just the first of some other things that may come down in the future.”
TruckVault is a Sedro Woolley, Washington-based manufacturer of in-vehicle equipment storage units. The units are made-to-order to fit in the customers’ vehicle, storing anything from firearms to fishing gear. Don Fenton, TruckVault sales and marketing director, said 80 percent of TruckVault’s business is done within the public safety sector.
Several states competed to be the site of TruckVault’s first manufacturing facility outside of Washington, including Tennessee, Kentucky and Texas.
“We had many states and cities interested in having TruckVault join its business community, and some offered very enticing incentives,” said TruckVault CEO Al Chandler in a press release. “We chose Mt. Jackson and Virginia primarily due to the progressive attitude shown to all Virginia citizens. Additionally, we at TruckVault were enamored by the beauty and recreational opportunity for our employees in the Shenandoah Valley. We also found the individuals we worked with during our search to be forward-thinking and exceptionally helpful.”
Fenton said that while several management, sales and production lead positions will be staffed by out-of-state workers, the “great majority” of the staff in the Mount Jackson facility will be local hires.
“This is very exciting in terms of job creation for locals,” said Jenna French, director of tourism and economic development. “It’s an immediate influx into our existing tax base for the county and for the Town of Mount Jackson.”
TruckVault did not receive any local or state tax incentives in selecting the Mount Jackson location, French added.
“We are excited to add TruckVault to the commonwealth’s growing corporate roster, and know the company will be a strong addition to Shenandoah County and Virginia’s booming manufacturing cluster,” McAuliffe said in the press release.
The facility will be located at 777 Industrial Park Road where an industrial building currently sits vacant. TruckVault aims to be open and fully operational by July 2018.