Press release
Stewart Tool Company Inc., a California-based prototype to production manufacturer, will invest $9.1 million to establish its first east coast manufacturing operation in Fluvanna County. The company will renovate the former Kloeckner Metals facility at 61 Edgecomb Road in Troy, according to the governor’s office. Virginia successfully competed with Maryland and Pennsylvania for the project, which will create 22 new jobs.
“We are so glad to have Stewart Tool join our community, and we look forward to a long working relationship at its new east coast facility,” said John ‘Mike’ Sheridan, chairman of the Fluvanna County Board of Supervisors. “A special thank you to the Fluvanna Economic Development Office and our state and regional partners for securing this project for Fluvanna County.”
“The addition of Stewart Tool Company’s east coast operation expansion to Fluvanna County aligns with the county’s goal of continuing to create local jobs, expand our workforce and broaden the business community footprint, said Eric Dahl, the county administrator. “With its history of excellence in production and employee development, Fluvanna County is very happy to welcome Stewart Tool.”
“Stewart Tool will be a fantastic addition to Fluvanna County,” said Bryan Rothamel, the county’s economic development coordinator. “We are especially thankful for our partners throughout the region who helped identify solutions that will create a skilled workforce for this precision manufacturing operation. We are looking forward to the current and future CNC machinists ready to call Stewart Tool and Fluvanna home.”
“Manufacturers like Stewart Tool Company recognize the competitive advantages that Virginia offers, with access to key markets, a favorable business climate, and a high-quality workforce,” said Governor Ralph Northam. “Virginia’s growing advanced manufacturing sector continues to play an important role in our economic recovery, and we look forward to supporting Stewart Tool Company as the company establishes its east coast presence in Fluvanna County.”
“We are very, very happy to welcome Stewart Tool Company and its 22 jobs to Fluvanna County,” said Del. Robert Bell. “I look forward to seeing the facility once the company has made its renovations.”
Founded in 1972, Stewart Tool Company is a family owned-and-operated business based in Rancho Cordova, California. The company specializes in the design and manufacture of pressure vessels, working to the specifications of government and international customers, in addition to offering quick-turn prototyping, CNC and manual machining, welding and fabrication, engineering and design of parts, and product testing. Its short-to-long run production abilities let customers develop new products and manufacture large production runs under one roof. Stewart Tool Company also serves clients in need of pump repair and rebuilds for shipboard pumps, high pressure pumps, turbines, as well as pumps for propylene, butane, methane, propane, and liquefied natural gas.
The Virginia Economic Development Partnership (VEDP) worked with Fluvanna County and the Central Virginia Partnership for Economic Development to secure the project for the Commonwealth. VEDP will support Stewart Tool Company’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens. Virginia Career Works-Piedmont Region is playing a key role in assisting Stewart Tool Company with its recruiting needs.
