Griffith Celebrates $18.9 Million Manufacturing Plant Investment in Henry County

Virginia Governor Abigail Spanberger announced an $18.9 million investment from Fukoku Korea to establish a manufacturing plant in Henry County, Virginia. According to a press release, this investment will support 60 new jobs. Following news of this announcement, U.S. Congressman Morgan Griffith (R-VA) issued the following statement:

"International companies like Fukoku Korea continue to rely on communities in Virginia's Ninth District to develop manufacturing operations.

"I am excited that Fukoku Korea has placed its trust in Henry County as the site for this nearly $19 million investment. This investment will go a long way in supporting local manufacturing jobs, encouraging potential business growth and inspiring hope for more opportunities."

BACKGROUND

According to Argus Media, Fukoku Korea is a consolidated subsidiary of Japan-based Fukoku. Fukoku has maintained a U.S. presence since 2001.

Fukoku Korea makes specialized automotive components, including rubber-based products and engine parts. The Henry County plant will manufacture rubber damper pulleys for automotive engines and thermal gap fillers for electric vehicle (EV) batteries.

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