Munchers announces $29.9M expansion creating 270 jobs in Botetourt County

In a significant development for Botetourt County, the Board of Supervisors meeting on March 26, 2025, celebrated the expansion of Munchers, a global leader in climate control solutions, at the Greenfield Industrial Park. This expansion is set to create 270 new jobs and represents a capital investment of nearly $30 million, underscoring the county's growing reputation as a hub for manufacturing and economic development.

The meeting featured remarks from Governor Glenn Youngkin, who emphasized the importance of a business-friendly environment in Virginia. He highlighted the strategic advantages that Botetourt County offers, including a skilled workforce and a commitment to attracting top-tier companies. Governor Youngkin's administration has prioritized economic development, which has contributed to Virginia being named the number one state for business by CNBC.

Munchers, which already employs over 350 people in the area, plans to construct an additional 200,000 square foot facility adjacent to its current site. This expansion follows a successful 2021 decision to establish a state-of-the-art manufacturing facility in Botetourt County. The company’s advanced climate control technologies are vital for various industries, including data centers and pharmaceuticals, which are increasingly prevalent in Virginia.

The Board of Supervisors approved a $1 million Commonwealth Opportunity Fund incentive to support this expansion, with no direct local county dollars involved. This incentive was crucial in securing the project against competing bids from Texas and Massachusetts. The performance agreement, which has been reviewed by legal counsel, was unanimously approved by the board.

This announcement marks the fifth economic development initiative in Botetourt County since 2021, contributing to a total of 665 new jobs and over $146 million in investments from various companies. The manufacturing sector in the county has seen a remarkable growth of 27% in jobs from 2020 to 2023, with private sector wages increasing by approximately 23% during the same period.

As Botetourt County continues to attract significant investments and foster economic growth, the successful collaboration between local government, businesses, and economic development partners is evident. The meeting concluded with a presentation of the Botetourt County flag to Munchers representatives, symbolizing the county's appreciation for their commitment and contributions to the local economy.