Governor McAuliffe Announces 32 New Jobs in Henry County
~Performance Livestock and Feed Company to invest over $4 million to establish feed production operation in Virginia ~
RICHMOND – Governor Terry McAuliffe announced today that North Carolina-based Performance Livestock and Feed Company, Inc. will invest $4.2 million to establish a new feed production operation in Henry County. The family-owned business will increase production by 50% over the next three years, and commit to purchasing nearly $11 million in Virginia-sourced grains and other feed ingredients. Virginia successfully competed against North Carolina for the project, which will create 32 new jobs.
Speaking at today’s announcement, Governor McAuliffe said, “Today’s announcement is an exciting development for Henry County, Southside Virginia, and the Commonwealth’s thriving agriculture industry. The investments being made by Performance Livestock and Feed will not only increase feed production and create jobs, but help bolster Virginia’s reputation as one of the nation’s leaders in quality and innovative feed. It also highlights the role that agriculture can and will play in building the new Virginia economy. I applaud Performance Livestock and Feed’s commitment to growing its business here in Virginia, and I am pleased that the Commonwealth could support such an entrepreneurial project.”
