VIRGINIA BEACH - A German company is making its Va. Beach it's U.S. headquarters.
State and city leaders Tuesday the move by PRUFREX Innovative Power Products GmbH to spend $7.33 million for a manufacturing facility at Oceana West Corporate Park. The company will supply ignition components for U.S. customers, including nearby BMZ Batteries and STIHL Inc. and will create 60 jobs.
Virginia competed against Georgia for the project.
The company develops and produces control units for applications in the fields of small engine, marine & recreation, industry, automotive, and electric & cordless power appliances.
Governor Bob McDonnell approved a $120,000 grant from the Governor's Opportunity Fund to assist the City of Virginia Beach with the project.
'Virginia Beach is proud to be the new U.S. corporate home for this great German company,' said Mayor Will Sessoms.
There was no information when the facility would open or when applications would be taken for jobs at the Beach facility.
There was more good economic news for the city Tuesday.
Advanced Engineering Consultants, a certified woman-owned company headquartered in Columbus, Ohio, will open an office at 249 Central Park Avenue this summer. The company specializes in mechanical, electrical, plumbing, fire protection and technology engineering design services. Four new full-time employees will be hired immediately and nine more will be created over the next 30 months.
Cataldo Builders, a commercial and residential builder headquartered in Virginia Beach, will open a new office/warehouse at 1632 Virginia Beach Blvd. in the Hilltop section in the fall.