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Gov. McAuliffe Announces 155 New Jobs for Henry Co.

Photo from GovernorVA

Photo from GovernorVA

Jan. 31, 2014

Governor Terry McAuliffe announced Friday that Kilgour Industries Ltd, a United Kingdom-based supplier of aircraft airframe and engine machined products will invest $27.3 million in its first U.S. operation in Henry County and create 155 new jobs.

Virginia successfully competed against Florida, Michigan, North Carolina and South Carolina for the project.

Speaking about today’s announcement in Martinsville, Governor McAuliffe said, “Securing an investment of this magnitude and 155 new jobs for a region that is continuing to rebound economically is a tremendous win for Virginia and a major step towards growing and diversifying our economy.”

Kilgour Industries, a family-owned company established in 1966 in the United Kingdom, supplies aircraft airframe and engine machined products in aluminum, steel and titanium to the major aerospace original equipment manufacturers.

The Virginia Economic Development Partnership worked with the Martinsville-Henry County Economic Development Corporation and the Commonwealth Center for Advanced Manufacturing to secure the project for Virginia. Governor McAuliffe approved a $250,000 grant from the Governor’s Opportunity Fund to assist Henry County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $1.15 million in Tobacco Region Opportunity Funds. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.

“The Virginia Tobacco Commission’s goal is to help bring jobs and prosperity to the Commission's footprint,” said Delegate Danny Marshall, a Commissioner of the Virginia Tobacco Indemnification and Community Revitalization Commission. “We are very excited to be a part of helping to bring Kilgour Industries to Henry County. The addition of 155 new high paying jobs and a $27.3 million investment is why the Tobacco Commission invested $1.15 million to help with this project. Thank you to the management of Kilgour Industries for choosing Henry County.”

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