June 14, 2010
Gov. Bob McDonnell is celebrating the a more than $21 million expansion of paper manufacturer Mercury Paper.
The company announced in March that is expanding its Shenandoah County facility and transforming it into its North American headquarters. The project will create 150 jobs at the Strasburg facility.
McDonnell attended a ribbon cutting ceremony for the facility on Friday.
Mercury Paper is a subsidiary of Sinar Mas Group, one of the leading pulp and paper companies, based in China. It makes paper towels, and other tissue and paper products. The governor has said the project is the largest Chinese investment in Virginia.
McDonnell approved a $250,000 grant from the Governor's Opportunity Fund to assist with the project.