Equipment manufacturer to expand in Virginia
RICHMOND, Va. (AP) — A construction and mining equipment manufacturer is expanding its operations in Newport News and Hampton.
Gov. Bob McDonnell says Liebherr Mining Equipment Newport News Co. will invest $45 million in the expansion.
McDonnell said Tuesday that 174 jobs will be created over four years.
The company is a division of Liebherr-Mining Equipment SAS, a member company of the Liebherr Group.
McDonnell approved a $500,000 grant from the Governor's Opportunity Fund and an $800,000 performance-based grant from the Virginia Investment Partnership program to assist with the project.