RICHMOND – Governor Timothy M. Kaine today announced that Jennmar Corporation of East Virginia, Inc., a provider of roof and standing support products for the mining and tunneling industry, will invest $2.65 million to expand its facility in Giles County. The facility once housed Commonwealth Bolt, Inc.- until Jennmar acquired the company in May 2008 - and this project will create 50 job. The plant will manufacture steel-related roof control products for the mining and construction industry. Virginia successfully competed with Kentucky and West Virginia for the project.
Jennmar, a subsidiary of Frank Calandra, Inc. & Subsidiaries, originated as a proprietorship in 1922 by Mary and Frank Calandra, Sr., parents of Jennmar’s two common stockholders, Jack Calandra and Frank Calandra, Jr. Headquartered in Pittsburgh, Pennsylvania, Jennmar Corporation offers coal and hard rock producers a technologically advanced line of roof control products. Jennmar now operates 11 manufacturing plants spread throughout the United States. Of its 11 facilities, 10 are related to manufacturing ground control products, and the 11th is a steel service center that supplies Jennmar and outside customers with a steady flow of flat steel products. Globally, Jennmar operates an additional five manufacturing facilities; three of which are located in Australia, one in China, and its newest is being built in Canada.
The Virginia Economic Development Partnership worked with Giles County and the New River Valley Economic Development Alliance to secure the project for Virginia. Governor Kaine approved $100,000 from the Governor’s Opportunity Fund to assist Giles County with the project. The Virginia Department of Business Assistance will provide training assistance through the Virginia Jobs Investment Program.
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