In another deal announcement that Youngkin is making deals to create jobs in Virginia, the Governor has announced Mühlbauer Inc., the U.S. subsidiary of Germany-based Mühlbauer Group and the world’s top producer of automated machinery designed to implement intelligent solutions, will invest $9 million to expand its operation in the City of Newport News.
In a press release, Youngkin said that the company will make upgrades to its facility in Oakland Industrial Park and increase capacity by adding new production equipment. Virginia successfully competed with Oregon for the project, which will create 32 new jobs.
“Mühlbauer’s decision to upgrade and expand its operation demonstrates the renewed trust manufacturers have in the Commonwealth,” said Governor Youngkin. “Mühlbauer has a history of success in the City of Newport News, which fosters an impressive business climate to attract and retain a robust manufacturing industry. We thank the company for its investment and long-term commitment to the Commonwealth.”
The CEO of Mühlbauer Group also released a statement, proclaiming their love for the state of Virginia, which has supported them when they decided to come here 25 years ago.
“We started our success in Virginia 25 years ago and would like to continue our path in Virginia. We have grown to love this area and the Virginians,” said Josef Mühlbauer, Founder and CEO, Mühlbauer Group. “Our company has always appreciated the support we have received from the City of Newport News as well as the State of Virginia. Mühlbauer is also very proud that the Virginia Driver License is manufactured and personalized with Mühlbauer equipment.”
The deal has received bipartisan support, as Democratic Senator T. Montgomery “Monty” Mason also praised the move, saying it was “a sign of what many in the region already know – Newport News and the entire Peninsula are some of the best places to start and grow a business.”
“The access to a high-quality workforce along with strong support from local leaders helps make this region one-of-a-kind for business development. I am excited to see Mühlbauer’s continued growth and success in Newport News and appreciate the company’s investment in our community.”
This latest deal comes hot off the heels of another massive investment that a company has made into growth in Virginia. Recently, Birdsong Peanuts announced that its investments will help Birdsong “refurbish and automate its production lines” at the plant, which is one of the company’s five shelling plants across the U.S. Youngkin is well on his way to making Virginia the place for business, and jobs, to invest in.
