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Governor Glenn Youngkin announced today that Laser Thermal will invest $2.9 million to expand in Charlottesville.
The Virginia-founded nanotechnology company aids manufacturers of semiconductors and other small electronics to innovate their product portfolio and improve quality control.
28 new jobs will be created by increasing the manufacturing, research and development at the facility.
The need for growth has come following the development of an innovative thermal metrology process and equipment that delivers thermal measurements quickly, reliably, and accurately at the nanoscale.
Governor Youngkin said, “Laser Thermal’s decision to expand its research and development generated from our world class universities like the University of Virginia and the innovation and talent they produce. The company’s success also showcases Virginia’s ongoing technology sector growth and we look forward to a continued partnership.”
The announcement follows Governor Youngkin and Senator Mark Warner’s appearance together last week in support of bringing semiconductor businesses to the Commonwealth.
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