Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, July 6
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Investing»Electro-Mechanical is investing $16.55 million into Washington County expansion
    Investing

    Electro-Mechanical is investing $16.55 million into Washington County expansion

    October 30, 20243 Mins Read


    Electro-Mechanical LLC is investing $16.55 million in an expansion into Washington County that will result in 109 new employees who will work in an existing 200,000-square-foot facility.

    The announcement was made Tuesday morning during a news conference attended by Gov. Glenn Youngkin, U.S. Rep. Morgan Griffith, R-Salem, state lawmakers and local officials. It was held at the site of the expansion in the Bristol-Washington County Industrial Park off Lee Highway between Abingdon and Bristol.

    “Electro-Mechanical’s significant expansion in Washington County demonstrates the strength of Southwest Virginia’s manufacturing sector and business climate,” Youngkin said in a news release. “The company’s continued growth and investment in the Commonwealth is a testament to our exceptional workforce and strategic location. We are proud to support Electro-Mechanical’s success and look forward to their continued contributions to Virginia’s economy.”

    Electro-Mechanical was founded in 1958 and is headquartered in Bristol, Virginia. It manufactures products used in the generation, distribution and control of electricity. The company’s expansion will enhance its capacity to produce switchgears and other electrical apparatus, serving clients worldwide.

    In Bristol, the company currently has three manufacturing sites, one on Goodson Street, which serves as the corporate headquarters, and the Line Power manufacturing facility, which is just down the street. At Exit 7, the company has the Federal Pacific facility, where switch gears and transformers are made, according to Lisa White, general counsel and vice president of human resources.

    Electro-Mechanical also has a facility in Canada, where harmonic filters are made, and another in Mexico, where most of its transformers are manufactured.

    Across its facilities, the company employs about 700 workers, and 520 of them are local. Those numbers do not include the 109 new jobs.

    The new facility is located on the site that once housed Bristol Compressors, which closed in 2018 and resulted in the loss of about 470 jobs.

    The company’s new building will mean that the company has a total of 800,000 square feet of manufacturing space worldwide, said White. She emphasized that the company is growing and adding jobs, and although some manufacturing will be moved around, no jobs will be lost.

    The lease for the building was signed Oct. 1 and the design and layout of the facility is being worked on. Equipment has been ordered and the company will be moving in as it arrives. The new employees will be hired during 2025, White said.

    Virginia competed against Tennessee for the project. After evaluating multiple locations, a positive response from the Virginia Economic Development Partnership, the county and the governor’s office helped reaffirm the company’s decision to expand in Virginia, according to Electro-Mechanical President and CEO Howard Broadfoot.

    “We are excited to once again be expanding our Bristol, Virginia, operations,” Broadfoot said in the release. “We have experienced tremendous growth in our business over the past several years and this additional manufacturing capacity will allow us to better serve our customers for years to come.”

    The governor approved a $300,000 grant from the Commonwealth’s Opportunity Fund to assist Washington County with the project. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.

    Support for Electro-Mechanical’s job creation will be provided through the Virginia Talent Accelerator Program, which accelerates new facility startups through the direct delivery of recruitment and training services at no cost to qualified new and expanding companies as an incentive for job creation, the release states.

    Related stories





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUniversity of Tennessee professor sues TVA for cryptocurrency records
    Next Article Kazakhstan Showcases Investment Potential at First Finance Forum in New York

    Related Posts

    Investing

    Tech Wobbles Continue as SpaceX Enters Nasdaq 100 and Q2 Reports Roll Out

    July 6, 2026
    Investing

    ASML stock target raised at Bernstein on capex cycle and litho intensity By Investing.com

    July 6, 2026
    Investing

    Can Gold Bulls Build on Last Week’s Recovery?

    July 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    Kospi hits record as Asian markets react to oil spike, rising Iran tensions

    May 10, 2026
    Bitcoin

    Bitcoin Miner Capitulation Comes To An End; Time To Buy BTC?

    July 28, 2024
    Stock Market

    Look to the U.S. for economic resilience and continued global stock market leadership – NBC Chicago

    July 13, 2024
    What's Hot

    Bitcoin Scaling Network Stacks Avoids Charges as SEC Closes Investigation

    July 12, 2024

    Bitcoin Price Plunges Nearly $4,000 In Two Hours

    January 18, 2026

    On finance des pêches qui rendent malades

    May 29, 2025
    Most Popular

    hausse à 106.000€ avec des marchés prudemment optimistes concernant Israël

    June 24, 2025

    A quiet revolution is transforming business investment

    August 11, 2024

    Bitcoin exchange supply tightens as Winklevoss twins move BTC to Gemini

    March 11, 2026
    Editor's Picks

    Strategy (MSTR) Stock Surges 5% on $747M Capital Group Investment and Bitcoin Leadership

    April 22, 2026

    navigating challenges in oil and gas stock By Investing.com

    October 24, 2024

    RICS report: Occupier demand for commercial property in NI has ‘strongest jump for three years’

    July 30, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.