August 22, 2007
A manufacture of aluminum parts is coming to Virginia and investing more than $2 million to open a facility in Staunton.
Governor Tim Kaine says the project by Universal Impact will create 50 jobs over the next three years. A division of Dynamic Tool Company manufactures aluminum tools and parts.
Texas-based Dynamic Tool provides customers with a complete package of tool and die, wire electrical discharge machining, impact extrusion, and precision machining services.
Virginia competed successfully with Texas for the project. Kaine approved $50,000 from the Governor's Opportunity Fund for the project.