Camrett Logistics will invest $2M, create 58 jobs
Camrett Logistics will invest $2M, create 58 jobs
Katherine Schulte// October 24, 2023//
Wytheville-based third-party logistics company Camrett Logistics will invest more than $2 million to expand in Pulaski County, creating an estimated 58 jobs, Gov. Glenn Youngkin announced Tuesday.
Camrett Logistics’ investment in its Dublin facility will include construction, renovating existing space and buying new forklifts and electric trucks.
“Homegrown Virginia businesses like Camrett Logistics keep the commonwealth’s economy on the move,” Youngkin said in a statement. “With this expansion and modernization, Camrett will strengthen its operations and Virginia’s supply chain industry ecosystem, securing continued longevity for years to come.”
Founded in 1995, the warehouse and third-party logistics services company operates 11 facilities totaling 1.8 million square feet in West Virginia and Virginia, including locations in Atkins, Rural Retreat, Wytheville, Dublin and Radford.
“This long overdue expansion will help revitalize an iconic World War II facility into a multi-use warehouse and usher the company into its new era as green supply chain experts,” Camrett Logistics President Cameron Peel said in a statement. “With four electric trucks, two electric spotters, a brand-new electric forklift fleet and motion sensor-activated LED warehouse lights, we are focused on sustainability and the future for the generations to come.”
The Virginia Economic Development Partnership worked with Pulaski County and Dublin to secure the project, for which Virginia competed with North Carolina, Tennessee and West Virginia. Youngkin approved a $230,000 grant from the Commonwealth’s Opportunity Fund to assist Pulaski County. VEDP will support Camrett Logistics through its three-year Virginia Jobs Investment Program, which provides cash grant reimbursements for associated human resources costs after a company has had new employees on the payroll for at least 90 days.