Governor Terry McAuliffe announced today that Hardide Coatings, Inc., a manufacturer of advanced surface coatings, will invest $7.25 million to establish its first Virginia operation in Henry County and create 29 new jobs with an average salary of $50,000, which is well above the average prevailing wage in the region. Virginia successfully competed against Oklahoma and Texas for the project, which is a result of the Governor's meeting with company officials outside London during the 2014 Farnborough International Airshow.
Speaking about today's announcement, Governor McAuliffe said, "Creating jobs in the advanced manufacturing sector is critical as we work to build a new Virginia economy. I am thrilled to announce these new jobs, which pay well above the average prevailing wage for the region.I had the opportunity to meet with company officials last summer in the U.K. about this project,and we are honored to welcome Hardide Coatings to the Commonwealth's growing roster of international companies."
"This is a big win for rural Virginia as the region continues its economic rebound," said Maurice Jones, Virginia Secretary of Commerce and Trade. "Hardide Coatings is a growing global company, and this significant investment to expand its manufacturing presence to serve worldwide customers is a great testament to the strong workforce and infrastructure in place in Martinsville-Henry County and the Commonwealth as a whole."