Wolverine Advanced Materials is planning to expand its specialty rubber coated materials manufacturing operation in Virginia, creating 93 jobs.
Gov. Terry McAuliffe said Thursday that Wolverine will invest more than $10 million in the expansion. Officials say Virginia successfully competed against China, Florida and Illinois for the project.
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The company produces high-performance materials used in automotive and industrial noise reduction for brake and sealing applications. It has had operations in Montgomery County since 1974.
McAuliffe approved a $250,000 grant from the Governor's Opportunity Fund for the project. The company also will receive benefits from the Port of Virginia Economic and Infrastructure Development Grant Program.