Recap: RTW Virginia Welcomes Ten Oaks, TFC Poultry, and VFP
Right to Work Virginia is constantly seeing new business investments in its economy. And these three companies are three great examples of that. Ten Oaks and TFC Poultry are both adding new locations soon within the state. Meanwhile, VFP is expanding in Scott County. Altogether, they will invest a total of $48 million.
Read on in order to learn more about each investment!
Ten Oaks:
Ten Oaks is investing $9.3 million in order to add a new location in Right to Work Patrick County, Virginia. This will also create 11 new jobs!
“Ten Oaks’ decision to expand in Patrick County is a testament to the highly-skilled workforce and extensive infrastructure networks in place across the Commonwealth and especially in Southern Virginia. […] We thank the company for its investment in the region and contribution to Virginia’s wood products industry, and we look forward to our continued partnership.†[…]
“Thanks to companies like Ten Oaks and Prolam, forestry is Virginia’s third-largest private industry, a critical part of the Commonwealth’s economy especially in rural areas.â€
TFC Poultry:
TFC Poultry is adding a new location in Right to Work Winchester, Virginia with a $31.5 million investment.
“Virginia’s ready access to key markets, favorable business climate, and skilled workforce are highly-attractive assets to agriculture companies like TFC Poultry. […] We thank TFC for its investment. We are committed to supporting the company as it grows its East Coast footprint.†[…]
“A family and innovation-centered company like TFC Poultry will find itself right at home in Virginia’s Shenandoah Valley, the birthplace of the modern turkey industry. […] I am thrilled to see new investment and the application of new processing technologies in our poultry industry. By building on our history while also looking to our future, we can help secure prosperity for another generation of Virginia’s poultry growers.â€
VFP:
VFP is investing $7.2 million in order to expand in Right to Work Scott County, Virginia. This will also create 30 new jobs as well!
“Since relocating our manufacturing facilities to Scott County in the 1990s, we have continued to grow. This is largely due to the loyalty and support from our valued employees. VFP is grateful to be located in Scott County with an available workforce and local talent that can meet our vast manufacturing needs. We owe special thanks for the continued support and assistance received over the years from local, regional, and state agencies.†[…]
“VFP’s expansion demonstrates the importance of the infrastructure networks, skilled workforce, and livability provided in the Commonwealth’s rural regions for attracting and retaining businesses. […] VFP Inc. has thrived in the Commonwealth for more than half a century, and this new investment will help ensure its longevity for decades to come.†[…]
“VFP is an outstanding company and a great asset to our region.â€
To read the previous update on economic development in Right to Work Virginia, click here.
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