Cargo trailer manufacturer bringing 83 jobs to Giles County
Interstate Group LLC, an Idaho-based manufacturer of cargo trailers, is investing $4.1 million to establish an East Coast operation in Giles County. The project is expected to create 83 jobs.
Interstate will set up shop in the former GE Fairchild Mining Equipment plant. The 100,000-square-foot facility will house the company’s manufacturing and distribution operations.
“We looked at other states in the region and at multiple locations in Virginia,” Michael Snow, CEO of Interstate Group, said in a statement.“The opportunity to repurpose an existing facility, combined with the incentives we received from the commonwealth and Giles County, will help us reduce the cost of our investment while preserving our culture of high incentive-based pay for our team members.”
Interstate is based in Nampa, Idaho. The company has manufacturing plants in Arkansas, Arizona and Idaho.
Gov. Terry McAuliffe approved $200,000 in Commonwealth’s Opportunity Funds for the project. The company will be eligible to receive sales and use tax exemptions on manufacturing equipment and also qualifies for a Major Business Facility Job Tax Credit.
Funding and services to support Interstate Group’s employee training activities will be provided through the Virginia Jobs Investment Program.