Press Release - Service Center Metals to Invest $101.7 Million in Prince George County Expansion
County of Prince George, Virginia
FOR IMMEDIATE RELEASE
September 14, 2021
For further information contact:
Percy C. Ashcraft – (804) 722-8600
Prince George, VA – Governor Ralph Northam today announced that Service Center Metals, a manufacturer of aluminum extrusions, will invest $101.7 million to expand its footprint in Prince George County. The company will construct an aluminum extrusion plant and a Compact Remelt Plant in Crosspointe Centre to increase production capacity and meet customer demand, mirroring its campus in SouthPoint Business Park. Virginia successfully competed with Tennessee for the project, which will create 94 new jobs.
Floyd M. Brown, Jr., Chairman, Prince George County Board of Supervisors stated, “I am proud to announce another expansion to one of our most successful and homegrown companies, Service Center Metals. This investment will provide new jobs for those who wish to live and work in our community. The private investment expansion of over $100 million also confirms that Prince George County has created the environment for new and existing businesses to thrive and prosper.”
Scott Kelley, President & CEO, Service Center Metals stated, “The Commonwealth of Virginia and Prince George County have both played significant roles in catapulting Service Center Metals from a greenfield startup in 2002 into the North American benchmark for safety and productivity today. Our next expansion will be the largest in our history, adding significant capacity to both our billet casting and extrusion operations that will further satisfy our customers’ needs. Virginia’s excellent business climate, including its right-to-work status, strategic location, and access to a world-class workforce, was significant in our site selection process. As the saying goes - “there’s no place like home” - and we’re proud and excited to be expanding in Virginia.”
Service Center Metals was founded in 2002 and started operations in 2003 in Prince George, and has evolved into a top aluminum extrusion and billet company. Service Center Metals produces aluminum rods, bars, shapes, and tubing, all of which are shipped to metal service centers across the United States. The company is vertically integrated with two plants on its 30-acre campus in SouthPoint Business Park. Its flagship extrusion plant has two state-of-the-art presses and its Compact Remelt Plant, the world’s largest horizontal billet casting plant, recycles its scrap and produces aluminum logs for its extrusion presses.
The Virginia Economic Development Partnership worked with Prince George County to secure the project for Virginia. Governor Northam approved a $350,000 grant from the Commonwealth’s Opportunity Fund to assist Prince George County with the project. The Governor also approved a performance-based grant of $900,000 from the Virginia Investment Performance Grant, an incentive that encourages continued capital investment by existing Virginia companies. Service Center Metals is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
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