Kyocera SGS Precision Tool Inc. to Establish Strategic Manufacturing Hub
Danville, VA – Governor Terry McAuliffe announced today that 35 new jobs will be coming to Danville City and Pittsylvania County thanks to Kyocera SGS Precision Tool Inc. In addition to the 35 new jobs the establishment of Kyocera SGS Tech Hub, LLC, will bring $9.5 million in capital investment.
The Tobacco Region Revitalization Commission awarded $350,000 from the Tobacco Region Opportunity Fund to bring the project to the region. The strategic manufacturing hub will be located in the Danville-Pittsylvania Cyber Park, which was created with the help of a 2002 Tobacco Commission Southside Economic Development Fund grant of $300,000.
Kyocera SGS Tech Hub will also join the Commonwealth Center for Advanced Manufacturing as an Organizing Member. The Tobacco Commission has contributed over $6 million for training and economic development at the Commonwealth Center for Advanced Manufacturing.
Tobacco Commission Vice Chairman, Senator Frank Ruff said, “The Tobacco Commission is glad to assist the City of Danville in establishing KYOCERA SGS Precision Tool as an employer for the region. We believe the company will be an asset to the area, building on the quality workforce and the existing training available.”
Tobacco Commission Member, Delegate Danny Marshall added, “As the Delegate representing the Danville area, I have met with KYOCERA SGS Precision Tool several times and am very happy that they have chosen Danville as the location of their U.S. expansion. We appreciate the jobs that they are bringing to our region and wish them much success.”
This project is a good fit for the Southern Virginia region and Danville-Pittsylvania in particular. Long term investment from the Tobacco Commission and others has led to a workforce well trained in advanced manufacturing techniques. This ties in directly with the Commission’s goal of using long term strategic investment to create a diverse economy in both Southern and Southwest Virginia.
Danville Director of Economic Development, Telly Tucker said, “The City of Danville is thrilled to have KYOCERA SGS Precision Tool locating in Danville’s Cyber Park and to provide employment opportunities for the highly skilled graduates of the Integrated Machining Technology students at the Institute for Advanced Learning & Research. This announcement demonstrates the impact of City and County elected officials, community leaders, and educational institutions all working together for the good of the region.”
Pittsylvania County Director of Economic Development, Matthew Rowe added, “Pittsylvania County is excited to welcome KYOCERA SGS Precision Tool to our community. This announcement is another positive example of how the City, the County, and their respective leadership can work closely together to recruit and attract high quality companies such as KYOCERA SGS Precision Tool. Having gotten to know their team, I am certain that they will be a positive addition to the region and will find great success in Danville-Pittsylvania County.”