PRINCO Plans New Facility in Right to Work Virginia

PRINCO is investing $18.1 million in order to establish a new facility in Right to Work Norfolk, Virginia. As a result, they will also create 284 new jobs. So this is great news for the area’s economy!

From Area Development Magazine:

“Virginia’s extremely business-friendly environment and Norfolk’s site-ready locations and great access to The Port of Virginia made this an easy choice for Virginia. […] With the excellent healthcare ecosystem in the region and the great state and local focus on workforce development, our manufacturing operations will thrive here.†[…]

“This new operation is a substantial addition to Virginia’s manufacturing sector, bringing more than 280 valuable jobs and economic opportunity to the City of Norfolk. […] The Commonwealth continues to play a significant role in reshoring manufacturing, and we are excited that the founding partners of PRINCO LLC recognize Virginia as a prime business location for this major new venture.†[…]

“Through this investment in a new manufacturing facility, PRINCO will be supporting the healthcare industry for the Commonwealth and across the country. […] The Port of Virginia is ready to work with PRINCO and its partners to handle all of their supply chain needs today and well into the future. With this Norfolk location, PRINCO will be close by, and we are ready to begin a long and productive relationship with this newest corporate neighbor.â€

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.