- Associated Press - Tuesday, March 15, 2016

RICHMOND, Va. (AP) - Gov. Terry McAuliffe says an international company based in Italy is creating 350 jobs in Botetourt (BAHT’-uh-tawt) County to establish its first U.S. production plant.

ELDOR Corp. will invest about $75 million in the Virginia facility. A news release issued Tuesday from the governor’s office said the international leader in the automotive business makes ignition systems, engine control units and systems for hybrid and electric vehicles.

McAuliffe approved a $3.2 million grant from the state’s Opportunity Fund to assist the county in luring ELDOR to the Roanoke Valley. The company will also receive other incentives.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2021 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide