Alcoa will invest $8.59 million in Henry County to expand its aerospace forging capabilities, adding 15 new jobs in the process.
Virginia Governor Terry McAuliffe announced the expansion at a press conference at the Henry County Administration Building on Tuesday. It was the first of two economic development announcements made at the conference, followed by the announcement that Performance Livestock and Feed Company Inc. will invest $4.2 million to establish operations in Henry County.
"Today is not only a great day for Henry County, it’s a great day for southside Virginia as well as the entire commonwealth of Virginia," McAuliffe said. "I’m here today to make two economic development announcements. This is the first time, I think, that we’ve had the honor of doing two at the same location. … I am proud to announce that Alcoa will invest $8.59 million to expand its manufacturing operations here in Henry County. We love to see expansions, because it means they’re here to stay, and they’re here to grow. This announcement today will create 15 new jobs, which will be paying above the average prevailing wage, and that’s important."
