Laminate Technologies to open plant in Virginia

AP News
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Posted: Feb 21, 2012 10:52 AM
Laminate Technologies to open plant in Virginia

Laminate Technologies is planning to open a manufacturing facility in Virginia's Henry County.

Gov. Bob McDonnell says at least 30 jobs will be created.

Laminate Technologies will invest $2 million in the project. The company produces customized laminated panels and fabricated components and is a supplier to kitchen cabinet manufacturers in the area.

McDonnell says in a news release that the Henry County site will enable the company to better serve its markets.

The Virginia Tobacco Indemnification and Community Revitalization Commission has approved $110,000 in Tobacco Region Opportunity Funds for the project. McDonnell approved a $50,000 grant from the Governor's Opportunity Fund to assist Henry County with the project.