Prince George manufacturer to invest $101.7M for add-on facilities
Prince George manufacturer to invest $101.7M for add-on facilities
Katherine Schulte// September 14, 2021//
Prince George County-based aluminum extrusions manufacturer Service Center Metals will spend $101.7 million to build two more facilities in the county, projects expected to create 94 jobs, Gov. Ralph Northam announced Tuesday.
Service Center Metals will build an aluminum extrusion plant and a compact remelt plant in Crosspoint Centre. Aluminum extrusion forces an aluminum alloy through a press to form it into the desired shape.
“Service Center Metals has experienced tremendous success in Prince George County over the past two decades, and an investment of this magnitude is extremely significant for the region,” Northam said in a statement. “The advanced manufacturing sector is strong in Virginia. …We look forward to the expansion of Service Center Metals and its continued success in the Commonwealth.”
Founded in 2002, Service Center Metals began operating in Prince George County in 2003. The company provides aluminum rods, bars, shapes and tubing to metal service centers across the U.S. It has two plants on its 30-acre campus in SouthPoint Business Park: an extrusion plant with two presses and a compact remelt plant that recycles scraps and produces aluminum logs used for extrusion presses. The new facilities will mirror the existing plants in the business park.
“The commonwealth of Virginia and Prince George County have both played significant roles in catapulting Service Center Metals from a Greenfield startup in 2002 into the North American benchmark for safety and productivity today,” Service Center Metals President and CEO Officer Scott Kelley said in a statement. “Our next expansion will be the largest in our history, adding significant capacity to both our billet casting and extrusion operations that will further satisfy our customers’ needs.”
Virginia competed with Tennessee for the project. The Virginia Economic Development Partnership worked with Prince George County to secure the project. Northam approved a $350,000 grant from the Commonwealth’s Opportunity Fund for the county. The company will receive $900,000 from VEDP’s Virginia Investment Performance Grant, which encourages existing Virginia companies to continue investing capital.
Service Center Metals is eligible to receive benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, and funding and services from the VEDP’s Virginia Jobs Investment Program, which provides state funding to support employee recruitment and training to companies creating jobs.
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