UPDATE: Carmeuse Lime & Stone Refutes Erroneous Reports on Shenandoah Expansion
19 January 2018 News
Confusion arose January 12th, 2018, when Carmeuse Lime & Stone officials stated the company no longer intended to carry out an $8.7 million expansion of the company’s operations in Strasburg. This was after County officials issued an erroneous disclosure about the company’s plans a day earlier regarding its application to the Virginia Jobs Investment Program, a mistake they reportedly say was due to a misunderstanding with state officials. Carmeuse said the following in a release:
“We believe that the estimates contained in the applications were reasonable when the applications were filed. However, circumstances have changed, and Carmeuse no longer anticipates hiring these numbers of new employees… There are no current plans for an expansion of production capacity at Strasburg… In light of new information from the company in [its statement] issued yesterday, plans have changed and Carmeuse will no longer be eligible to receive the previously approved VJIP funding for 107 total new jobs. [The Virginia Economic Development Partnership] has now canceled the project.”
The Virginia Economic Development Partnership this week approved Carmeuse Lime & Stone for its Virginia Jobs Investment Program, which helps private firms limit their payrolls by offering consulting services and funding directly to the companies.
The limestone producer is planning an $8.7 million expansion that will create 67 jobs in Shenandoah County and 30 in its Frederick County facility over the next three years. As part of the partnership, Carmeuse will also be reimbursed $700 for each new full-time Virginia hire.
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