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Letter — Virginia Investment Performance Grants Awarded in the First Quarter of the 2021 Calendar Year

Summary

In this May 5, 2021 letter to the chairs of the Senate Finance and Appropriations Committee, House Appropriations Committee and House Finance Committee, the signature block names R. Brian Ball, Secretary of Commerce and Trade. The letter reports on Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants awarded in the first quarter of the 2021 calendar year. It says two VIP grants were awarded, $3,000,000 to Crown Holdings for expansion in Henry County and $250,000 to AMPAC for expansion in the City of Petersburg. No MEE grants were awarded, and no MEE grant disbursements were made.

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“Letter — Virginia Investment Performance Grants Awarded in the First Quarter of the 2021 Calendar Year.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-rd188-9327abf047/, SHA-256 d13eca7322f97e337970d9edfeb5280f23353f2e65f01c4482a57294eae928dc.

Full text

                                  COMMONWEALTH of VIRGINIA
                                                       Office of the Governor
R. Brian Ball
Sccrcrary of Commerce and Trade                                 May 5, 2021




           The Honorable Janet D. Howell, Chair                             The Honorable Luke E. Torian, Chair
           Senate Finance and Appropriations Committee                      House Appropriations Committee
           P.O. Box 2608                                                    4222 Fortuna Plaza, Suite 659
           Reston, Virginia 20195                                           Dumfries, Virginia 22025

           The Honorable Vivian E. Watts, Chair
           House Finance Committee
           8717 Mary Lee Lane
           Annandale, Virginia 22003

           Ladies and Gentleman:

                  I am writing to report on the Virginia Investment Performance (VIP) and Major Eligible
           Employer (MEE) grants that were awarded during the first quarter of the 2021 calendar year as
           required by §2.2-5103(D) of the Code of Virginia.

                  In the first quarter, ending March 31 , 2021, two VIP grants were awarded. No MEE
           grants were awarded in the first quarter of 2021.

           Virginia Investment Performance:

                1. Crown Holdings, a manufacturer of aluminum cans, will expand its operations in Henry
                   County. Awarded a $3,000,000 grant, the company will be making a $145.0 million
                   investment and creating 126 new jobs by June 30, 2024. This project has been announced.

                2. AMPAC, a manufacturer of active pharmaceutical ingredients, will expand its operations
                   in the City of Petersburg. Awarded a $250,000 grant, the company will be making a $25.0
                   million investment and creating 156 jobs by March 31, 2024. This project has been
                   announced.

           Major Eligible Employer:

                     No MEE grants were awarded.



                Patrick Henry Building • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786-7831 • TIY (800) 828- 1120
The Honorable Janet D. Howell, Chair
The Honorable Luke E. Torian, Chair
The Honorable Vivian E. Watts, Chair
May 5, 2021
Page 2


        For the first quarter of the 2021 calendar year, disbursements from the VIP were made to
Celanese, Continental Automotive Systems, Volvo, WestRock, Greif, Rubbermaid, and Canon
for projects previously reported. No MEE grant disbursements from the Fund were made.

                                             Sincerely yours,




                                            R. Brian Ball

RBB/cls
cc:   Mr. Stephen Moret
      President and Chief Executive Officer
      Virginia Economic Development Partnership

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