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Munters to add 270 jobs, $29.95 million expansion at Greenfield; county OKs $1M state incentive
Summary
Munters Corporation will build a 200,000-square-foot addition at Greenfield Industrial Park, bringing a nearly $29.95 million private investment and 270 jobs; Botetourt supervisors approved a Commonwealth Opportunity Fund performance agreement enabling a $1 million state incentive.
Munters Corporation plans to build a 200,000-square-foot manufacturing facility at Greenfield Industrial Park in Botetourt County, a project county officials said will add 270 jobs and nearly $29.95 million in capital investment.
The announcement on the Botetourt County Board of Supervisors’ meeting came with a performance agreement tied to a $1,000,000 Commonwealth Opportunity Fund incentive administered by the Virginia Economic Development Partnership. The board voted to approve the performance agreement, pending final attorney review and acceptance by the Virginia Economic Development Partnership.
Munters, a Sweden-based climate-control manufacturer that already operates a…
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