VIRGINIA BEACH, Va. (WAVY) — Virginia Gov. Terry McAuliffe announced Wednesday that Barcelona-based SANJO Corte Fino company will be making Virginia Beach its North American headquarters.
McAuliffe says SANJO will be investing $17.5 million for the project, and create 85 high-paying manufacturing jobs. SANJO primarily makes components for the automotive industry, according to McAuliffe.
“They are one of the five biggest fineblanking manufacturing facilities in all of Europe,” McAuliffe said.
The Virginia Beach facility will be SANJO’s first expansion into North America. The company currently exports to 27 countries on four continents, according to a news release issued Wednesday.
The company will be hiring for high-paying, specialized manufacturing positions, according to Will Sessoms, mayor of Virginia Beach.
“We must bring jobs that pay a good salary,” Sessoms said. “We are focused on salaries that people can buy a home, raise a family, and educate their children.”
The Virginia Beach facility is expected to open up off of Progress Lane in the Lynnhaven corridor, according to Secretary of Commerce and Trade Maurice Jones.
Jones tells 10 On Your Side the company’s opening and hiring will happen within the next three years, possibly sooner than that.
The bulk of hiring should come from the Hampton Roads labor force, thanks to training available in the military, at community colleges, and from other manufacturers, according to Jones.
Virginia Beach-based Stihl will be one of SANJO’s major customers, and the two are working together on finding and training the right people for the 85 positions they have to fill.
McAuliffe says the Hampton Roads area is vulnerable to sequestration, and moves like this will help diversify the economy.
“This makes sense for us with all the manufacturing we’re trying to build here in Virginia Beach and in Hampton Roads,” McAuliffe said.
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