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Unarco Industries to Open Manufacturing Facility in Southern Virginia

DANVILLE, Va. (February 23, 2006) — The state approved a $300,000 grant from the Governor’s Opportunity Fund to assist Danville with the project.

  [ 2/23/2006 ]  By: NEWS BRIEF   Print This Article  Reprint/License This Article  E-mail This Article To A Friend  
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Unarco Industries, Inc., a shopping cart manufacturer, will invest approximately $9 million and create 194 new jobs in Danville. The company will hire welders and assemblers for its projected opening in April. Virginia successfully competed against Pennsylvania for the project.

Unarco is a premier manufacturer of shopping carts, offering both plastic and wire carts to improve efficiencies of mass merchandising retailers. With headquarters in Wagoner, Okla., Unarco serves major retailers throughout North America.

“We couldn’t be more pleased about locating in Virginia and, in particular, Danville,” said Unarco General Manager Taft O’Quin. “As we looked at possible sites for a manufacturing operation in the Eastern U.S., Danville made a great impression, both for its overall business climate and the quality of its people. We appreciate the cooperation of the state and local governments and we look forward to a long, productive relationship with the Danville community.”

The Virginia Economic Development Partnership worked with the City of Danville to prepare the state’s proposal and negotiate an incentive package to secure the project for Virginia. Gov. Kaine approved a $300,000 grant from the Governor’s Opportunity Fund to assist Danville with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $300,000 in Tobacco Region Opportunity Funds for the project.

The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, because it is locating in a Virginia Enterprise Zone. The Virginia Department of Business Assistance will also support the project with training assistance through its Workforce Services Jobs Investment Program.

 

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