Press release
Governor Ralph Northam today announced that 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. Virginia successfully competed with Maryland and Pennsylvania for the project, which will create 22 new jobs.
“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 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.”
