RICHMOND, VA— Governor Glenn Youngkin today announced that Tate, a global provider focused on the research, development and manufacturing of next-generation raised access floors, airflow management and infrastructure solutions for commercial and data center applications, will invest $14.9 million. to establish a new manufacturing facility in Russell County. This new manufacturing facility will primarily focus on manufacturing data center components and containment products to serve customers in Virginia and other data center sites. Virginia successfully competed with numerous states for the project, which will create 170 new jobs.
“I am proud that the Commonwealth has once again proven, compared to other states, to be the best option for a global company like Tate to invest in a new manufacturing facility.” said Governor Glenn Youngkin. “Southwest Virginia is committed to attracting business and offers the environment and skilled workforce to help its corporate partners succeed. “We are excited to see all that Tate accomplishes in Russell County.”
“We are committed to a world-class business environment in Virginia to attract and retain global companies like Tate that impact multiple market sectors, and we are proud that their team has chosen to establish this multi-million dollar manufacturing facility in Virginia. Russell County, said Secretary of Commerce Caren Merrick. “The Commonwealth’s best-qualified talent helps our businesses thrive and we encourage interested applicants to visit www.tatecareersvirginia.com and apply for these 21st century jobs.”
“Tate is excited to begin operations in Russell County. The facility is an integral addition to support our commitment to manufacturing innovative infrastructure solutions for the data center industry.” said General Manager Daniel Kennedy. “The commitment demonstrated by the Russell County Industrial Development Authority and the Commonwealth of Virginia to support us as we establish a state-of-the-art facility for years to come gives us great confidence.”
“We are fortunate to have a company of this caliber committed to investing in our community.” said Ernie McFaddin, executive director of the Russell County IDA. “This project would not have been possible without the support of VCEDA, the Russell County Board of Supervisors, the City of St. Paul, VEDP and the Tobacco Commission. Senator Todd Pillion also played an important role in this project by taking the time to personally meet with company executives and show his support for the project. The commitment that the Tate has made to the community will give life to a property that was vacant about 15 years ago. Through projects like this, we can continue to transform our communities and our region by providing jobs that give our residents the ability to thrive. “We are delighted that Tate has decided to locate in Russell County and look forward to a long and prosperous relationship.”
““The Virginia Coalfield Economic Development Authority (VCEDA) was pleased to support the Russell County Industrial Development Authority (IDA) and Tate on this project.” said Jonathan S. Belcher, VCEDA Executive Director/General Counsel. “This involves the $2.5 million in financing provided to the IDA in 2020 that allowed it to acquire the building in St. Paul, Virginia, that the company will occupy for this project, as well as up to $250,000 in labor. development and training funds approved by VCEDA to the company. “This is one of the largest manufacturing projects located in the VCEDA region in many years, and will greatly enhance and diversify the economy of St. Paul and the region as a whole.”
"Today's investment by Tate signifies not only an economic victory for Russell County, but also a resounding endorsement of Virginia's skilled workforce and business-friendly policies." said Senator Travis Hackworth. “This project is a cornerstone for future growth and prosperity in our region and is another important milestone in our path to bringing jobs and infrastructure to SWVA.”
“In addition to creating a business-friendly regulatory and policy environment that incentivizes growth and investment, our Southwest Virginia delegation takes a hands-on approach to economic development projects in the region.” said Senator Todd Pillion. "A lot of work has gone into this deal and we are thrilled to officially welcome Tate and 170 new jobs to Russell County."
"Data storage and transmission will remain a centerpiece of the global economy for the foreseeable future." said delegate William Wampler. “It is fantastic that a forward-thinking manufacturer like Tate chooses Southwest Virginia to manufacture and deliver quality infrastructure for data center projects across the United States while providing employment opportunities in the region.”
“I am excited that an innovative, industry-leading company like Tate has chosen to locate here in Russell County. As we continue to work with our partners to identify and attract the jobs of the future, it is important to look at every part of the supply chain to ensure we are meeting the needs of growing industries. Tate, with its concentration in data center components, is a perfect example of leveraging the growth of a rapidly growing sector to create great jobs here in Southwest Virginia. “I wish Tate the best as they get their operation up and running and look forward to working with them for years to come.” saying Vice President of the Tobacco Commission, Delegate Will Morefield.
The Virginia Economic Development Partnership worked with Russell County and the Virginia Coalfield Economic Development Authority to secure the project for Virginia. Governor Youngkin approved a $700,000 grant from the Commonwealth Opportunity Fund to assist Russell County with the project. The Virginia Tobacco Region Revitalization Commission approved a $146,000 Tobacco Region Opportunity Fund grant to support the project.
Tate job creation support will be provided through the Virginia Talent Accelerator Program, a workforce initiative created by VEDP in collaboration with the Virginia Community College System and other higher education partners, with financial support from the administration of the Governor and the General Assembly of Virginia. Launched in 2019, the program accelerates the start-up of new facilities by directly providing recruiting and training services that are fully customized based on a company's unique products, processes, equipment, standards and culture. All program services are provided at no cost to qualified new and expanding businesses as an incentive for job creation.
