Why is Fortune Auto North America Investing in Virginia?

Fortune Auto North America is a company that designs and produces suspension systems for racing vehicles. They will soon be investing $250,000 toward an expansion of its facility in Powhatan County, Virginia. This all comes as a result of increased demand for their products. In addition, the company also plans to create 10 new jobs, doubling their staff. So this is great news for the area’s economy!

From Area Development Magazine:

“Fortune Auto North America’s decision to reinvest in its manufacturing operation and double its workforce affirms a strong commitment to Powhatan County and the Commonwealth. […] It is a priority to continue to support the advanced manufacturing industry and the workforce that helps it thrive, and we thank Fortune Auto for its commitment to Virginia.†[…]

“Fortune Auto North America is a valuable Powhatan business that has experienced tremendous growth and success in its time here. […] The niche business is comprised of an innovative workforce that has created a desirable product line that is fast becoming an internationally known brand. We are [glad] to assist the company in its next steps as an expanding international company in Powhatan.â€AREA DEVELOPMENT MAGAZINE

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