U.K. – Based Advanced Manufacturing Company to Invest $7.25 Million in Henry County
Hardide Coatings, a manufacturer of advanced surface coatings, is investing $7.25 million to establish its first Virginia operation in Henry County. The company will create 29 new jobs with a notable average annual salary of $50,000.
The new facility is expected to be operating by the end of 2015. It will serve existing and new customers in the oil and gas, aerospace, flow control, and advanced engineering markets. Hardide is the leading global innovator and provider of advanced tungsten carbide-based coatings that significantly increase the life of critical metal parts operating in abrasive, erosive, corrosive and chemically aggressive environments.
“Martinsville-Henry County was chosen after a long and detailed evaluation of numerous locations in different states, and we believe the county made a compelling economic and business case,” said Philip Kirkham, Hardide Coatings CEO. “It is a community that supports advanced manufacturing and will provide us with an environment from which we can grow our existing and projected customer base in North America. I have been particularly impressed with the way all the different parties and agencies involved have worked together and coordinated their activities to give us every possible assistance in making this important decision for Hardide.”