Business, Freight News, Sea

Seven Companies Benefit from Port of Virginia’s Economic and Infrastructure Program

[ August 18, 2017   //   ]

Seven companies located throughout Virginia are recipients of grant money from The Port of Virginia® Economic and Infrastructure Development Grant Program. That program is designed to encourage investment, reinvestment and job creation among companies in Virginia that are port users.

In fiscal year 2017, the seven recipient companies combined to create 1,132 jobs with Winchester-based Rubbermaid Commercial Products having added 224 new positions. Port representatives today presented a check for $500,000 – the maximum grant allowed – to officials from Rubbermaid’s leadership team.

“The Rubbermaid Commercial Products facility is strategically located in Winchester where, for years, it has been moving its products through the Virginia Inland Port,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “The company’s success is evident and the reinvestment has led to job growth and benefits to the Commonwealth. This grant, we hope, will encourage continued growth for this valued port user.”

“As a proud member of the Commonwealth’s business community, we’re thrilled to receive this recognition from the Virginia Port Authority,” said Paul Bryant, senior manager of operational excellence for Rubbermaid Commercial Products. “Rubbermaid Commercial Products will continue investing in our hard working and dedicated employees who have distributed and produced high quality products from our facility right here in Virginia since 1968. We thank The Port of Virginia and Winchester community, in particular, and look forward to continuing to serve the community for many years to come.”

The recipients of this year’s Economic and Infrastructure Development Grant Program, the jobs created and grants amounts are:

  • Continental Automotive Systems 139 $417,000 Newport News
  • Friant & Associates, LLC 105 $315,000 Suffolk
  • Haulotte U.S. Inc. 35 $35,000 Virginia Beach
  • Hubbell Lighting, Inc. 105 $315,000 Christiansburg
  • Rubbermaid 224 $500,000 Winchester
  • Target Corp. 463 $500,000 Suffolk
  • Wolverine Advanced Materials 61 $91,500 Blacksburg