- Associated Press - Thursday, July 7, 2016

RICHMOND, Va. (AP) - Virginia Gov. Terry McAuliffe says a Spanish company that makes metal auto parts is setting up its North American headquarters in Virginia Beach, Virginia.

WAVY-TV reports (https://bit.ly/29nQq4L ) that the Barcelona-based SANJO Corte Fino will invest $17.5 million into the move and create 85 high-paying jobs. McAuliffe said SANJO is among the five biggest facilities in Europe that uses a specific manufacturing process to make the metal car parts. According to a news release, the company exports to 27 countries on four continents.

The facility is expected to open its doors within the next three years. McAuliffe added that the firm’s presence will help to diversify the Hampton Roads economy.

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Information from: WAVY-TV, https://www.wavy.com/

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