Governor Glenn Youngkin announced that KSB USA/North America, a leading supplier of pumps and industrial valves, will invest $25 million to expand its Henrico County facility, adding an additional loading dock office space and updating its shipping and receiving area and common areas for employees. The expansion, which will more than double the facility’s current square footage, will create 32 new jobs.
The Virginia Economic Development Partnership worked with Henrico County to secure the project for Virginia and will support KSB’s job creation through the Virginia Jobs Investment Program, which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
Courtesy of the Office of the Governor of Virginia.