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Robert Powell, III// July 16, 2013//
PRUFREX Innovative Power Products GmbH plans to spend $7.33 million to establish its first U.S. factory in Virginia Beach, creating 60 jobs.
PRUFREX, based in Cadolzburg, Germany, also will have its U.S. headquarters in Virginia Beach.
The company makes highly-integrated digital ignition systems and electronic control units.
The company will supply ignition components for U.S. customers, including nearby BMZ Batteries and STIHL Inc., which makes power tools.
Gov. Bob McDonnell approved a $120,000 grant from the Governor’s Opportunity Fund to assist the City of Virginia Beach with the project. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the Company’s recruitment and training activities.
PRUFREX USA Inc. will lease an existing building in Virginia Beach’s Lynnhaven Business Corridor.
Other German companies in the area include STIHL IMS Gear, Kettler, Busch Manufacturing, Hermes Abrasives, KOSTER American, BMZ USA, and Atlas North America.
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