DANVILLE, Va. (WDBJ7) Kyocera SGS Precision Tool Inc. announced Thursday that it will invest $9.5 million to build a manufacturing hub in Danville.
Thirty-five employees will be hired within three years as a part of this investment: the average annual salary will be $62,000.
The company will construct a new 30,000-square-foot facility at the Cyber Park, a technology park owned by the Danville-Pittsylvania County Regional Facility Authority.
Danville and Pittsylvania County competed against Ohio and South Carolina for the project.
"But once you can get an advanced manufacturing, others will come," Governor Terry McAuliffe said.
Governor McAuliffe says bringing in a international company like Kyocera means good things for the Danville and Pittsylvania County area.
"This is what we need. High paying jobs. Now, the key for us in Virginia. We got to deliver the workforce," McAuliffe said.
"The talent the people, the college and the network available is second to none," Kyocera SGS Precision Tool Inc. Tech Hubb President and CEO Alan Pearce said.
Pearce says the system the Danville area already has in place sets up a perfect workforce for them.
Providing the high skill level needed to build specialized drills to work on high profile machines.
"Engineering level where they can be really optimal engineers, be good for us and manufacturing partners economically, very, very competitive in the market," Pearce said.
Gov. McAuliffe is in Danville for an economic development announcement.
The announcement is scheduled to begin at 1 p.m.