Moog Inc is investing $10.7 million in order to relocate to Montgomery County, Virginia. In addition, this will also create 75 new jobs. So this will be a great addition to the area’s economy and help boost the job market as well!
From Area Development Magazine:
“Moog is excited to be expanding in Virginia and Montgomery County, in particular. […] As we look to support our growing business in established and new markets, the focus has been on developing geographic centers of excellence with ready access to a diverse talent pool. Moog places emphasis on retaining and developing its current workforce and new employees. Moog appreciates the assistance and cooperation of Montgomery County and the Virginia Economic Development Partnership and its Virginia Jobs Investment Program in this endeavor.” […]
“Virginia’s aerospace sector is strong, and Moog is a valuable contributor to our leadership position in this sector. […] We are proud that the company develops revolutionary aerospace technology from its growing operations in Montgomery County. This announcement, and the creation of 75 high-quality jobs, represents an important step forward as we work to rebound from this global health crisis.”AREA DEVELOPMENT MAGAZINE
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