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Banker Steel to Open New Fabricating Facility in Virginia

LYNCHBURG, Va. (May 23, 2006) — The Virginia Tobacco Indemnification and Community Revitalization Commission approved $150,000 in Tobacco Region Opportunity Funds for the project.

  [ 5/23/2006 ]  By: NEWS BRIEF   Related Link...  Print This Article  Reprint/License This Article  

Banker Steel Co., LLC recently announced that it will invest $1 million to open a new steel fabricating facility in Campbell County, Va., creating 110 new jobs. Banker Steel currently employs 105 at its Lynchburg headquarters and will maintain its Lynchburg operations, in addition to opening this second facility in Campbell County.

Banker Steel Company is an AISC-certified steel fabricator that specializes in projects up to 10,000 tons. Banker Steel provides steel for bridges, parking garages, warehouses and commercial/industrial building construction.

"We selected this site in Campbell County due to the determination and assistance we received from the Campbell County Economic Development Department along with the participation of the Tobacco Region Opportunity Fund,” said Don Banker, President, Banker Steel Company.

The Virginia Economic Development Partnership worked with Campbell County to secure the project for Virginia. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $150,000 in Tobacco Region Opportunity Funds for the project. The Virginia Department of Business Assistance will also support the project with training assistance through its Workforce Services Jobs Investment Program.

Go to STATE SPOTLIGHTS to read more about other news and articles about this state.

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