5/1/17 KYOCERA SGS Tech Hub, LLC Breaks Ground On New Facility

Virginia Tobacco Region Revitalization Commission

Developing a Diverse Economy in Southern and Southwest Virginia

KYOCERA SGS TECH HUB, LLC BREAKS GROUND ON NEW FACILITY

Project Will Bring 35 New Jobs

Richmond, VA – A groundbreaking ceremony was held today for Kyocera SGS Tech Hub LLC’s new 30,000 square foot manufacturing facility located in the Danville-Pittsylvania Cyber Park. The project includes $9.5 million in capital investment and will bring 35 new jobs at an average salary of $65,000. The facility will be used to develop and manufacture carbide rotary cutting tools.

The Tobacco Region Revitalization Commission awarded $350,000 from the Tobacco Region Opportunity Fund to bring the project to the region. The Danville-Pittsylvania Cyber Park in which the facility is located was created with the help of a 2002 Tobacco Commission Southside Economic Development Fund grant of $300,000. Kyocera SGS Tech Hub will also join the Commonwealth Center for Advanced Manufacturing as an Organizing Member. The Tobacco Commission has contributed over $6 million for training and economic development at the Commonwealth Center for Advanced Manufacturing.

Tobacco Commission Vice-Chairman, Senator Frank Ruff Said, “It is always great when a company decides to grow in our region. It is even better when it is a company that is recognized as a leader in an industry such as Kyocera. We look forward to a long future with them in Danville”

Tobacco Commission member, Delegate Danny Marshall added, “As a member of the Tobacco Region Opportunity Fund (TROF) Committee of the Tobacco Commission, which awarded a $350,000 grant to KYOCERA SGS Precision Tool, it is exciting to be a part of this groundbreaking ceremony and see the progress toward 35 new manufacturing jobs and an investment of $9.5 million in our region. We appreciate Kyocera’s decision to select our area for their U.S. site and wish them the greatest success.”

This project is a good fit for the Southern Virginia region and Danville-Pittsylvania in particular. Long term investment from the Tobacco Commission and others has led to a workforce well trained in advanced manufacturing techniques. This ties in directly with the Commission’s goal of using long term strategic investment to create a diverse economy in both Southern and Southwest Virginia.

President of Kyocera SGS Tech Hub, Jason Wells said, “We are excited to write the next chapter of success stories with our new economic partner, Danville, Virginia. The support and investment elected officials have put into developing a skilled workforce and engineering technology hotspot truly differentiates Danville and makes it a great place to plant roots and drive innovation. Excellent high school education and trade programs, world class university engineering programs, and supporting industry research groups such as CCAM and the Institute for Advanced Learning and Research combine into a tour de force that makes Virginia an integral part of our future.”

RIFA Chairman Sherman Saunders added, “We say ‘thank you’ to Kyocera SGS Precision Tools for investing in Danville-Pittsylvania County. It gives me great pleasure to know that a globally competitive brand like Kyocera has confidence in developing future products and growing its U.S. presence using home grown talent from right here in the Dan River Region.”

Danville Mayor John Gilstrap said, “The City of Danville takes pride in our ongoing partnership with Pittsylvania County as we participate in the groundbreaking for the new Kyocera SGS facility. We appreciate the company’s investment in the region and look forward to them becoming a vital and successful member of the business community.”

Chairman of the Pittsylvania County Board of Supervisors, Bob Warren said, “I thank Kyocera SGS Precision Tools for deciding to invest in our community and for developing its Tech Hub in our regional Cyber Park. Kyocera is bringing not only good paying jobs to our region, but is also becoming part of a City and County that are reinventing themselves to meet the demands of 21st century business. I am confident that they will find the conditions necessary to succeed along with a community that truly appreciates them and their industry. Kyocera’s futuristic looking facility, with its prominent location overlooking one of our main highways, will be seen daily by commuting residents and visitors, and will symbolize our collective commitment to move the Dan River region forward.”

For more information about Kyocera SGS Tech Hub, LLC, please contact Jason Wells-Chief Technical Officer by email: wellsj@kyocera-sgstool.com or by phone: (434) 265-6582

 

Contact: Jordan Butler
Telephone: 804-786-7692
Cell: 757-692-0878
Email: jordan.butler@tic.virginia.gov
Website: www.tic.virginia.gov

FOR IMMEDIATE RELEASE
5/1/17