Commonwealth of Virginia
Office of Governor Terry McAuliffe
FOR IMMEDIATE RELEASE
Date: March 16, 2015
Office of the Governor
Contact: Brian Coy
Virginia Economic Development Partnership
Contact: Suzanne Clark
Phone: (804) 545-5806
Contact: Robin Parker
Phone: (877) 510-NANO (6266) x1
Governor McAuliffe Announces 113 New Jobs in Greensville County
~ 510nano Incorporated to invest $11 million to relocate headquarters and establish manufacturing operation ~
RICHMOND – Governor Terry McAuliffe announced today that 510nano Incorporated, a developer of renewable energy projects and technologies, will invest $11 million to relocate its headquarters and establish a manufacturing operation in Greensville County. The company will construct a 100,000-square-foot manufacturing facility for the production of solar panels in Greensville County Industrial Park. The project will create 113 new jobs.
Speaking about today’s announcement, Governor McAuliffe said, “Creating these 21st century jobs in the advanced manufacturing and renewable energy sectors is critical as we work to build a new Virginia economy. 510nano’s investment in Greensville County is a huge win for the Commonwealth and especially for a community that is transforming itself.”
“Greensville County is a great fit for 510nano’s headquarters and new manufacturing operation, offering a site that meets the company’s needs, a superior workforce, a manufacturing industry cluster and close proximity to a world class port,” said Secretary of Commerce and Trade Maurice Jones. “We are confident that 510nano will continue to profitably pursue its strategic vision from its new Virginia location.”
510nano Incorporated is a cleantech innovator specializing in the development and operation of commercial- and utility-scale renewable energy power plants (REPPs), along with the design of associated modules, panels and other hardware. Since its founding in 2005, 510nano has developed more than 30 clean technologies in various stages of commercialization. In 2008, the company began generating steady development, consulting, and management fees as a turnkey power plant developer. In 2012, 510nano began deploying its own capital, starting with two rooftop systems on a long-term revenue contract with the Town of Los Gatos, California, and culminating in 2014 with the delivery of 510 REPP One LLC, a commercial-scale plant in Garysburg, North Carolina. The company has deployed third-party off-the-shelf technology at three solar farms producing over 2.2 million kilowatt-hours (kWh) of power in an average year.
“Solar VIA is a technology that we’ve designed to lower the cost of solar generation to less than 6 cents per kilowatt-hour without subsidy,” said Dr. Reginald Parker, President & CEO of 510nano Inc. “The manufacturing home for the technology needs to be strategic and meaningful. With great access to I-95, Hampton Roads and rail, we see Greensville County, Virginia as an ideal home for the manufacturing site for Solar VIA, the headquarters for our solar energy business, and our energy research and technology center. Additionally, we felt that Greensville offered an attractive labor force, strategic nearby partners, and a great name for a green innovation company. This big step is more than a great opportunity. It is a renewable energy achievement for Virginia and the nation at large.”
The Virginia Economic Development Partnership worked with Greensville County and Virginia’s Growth Alliance to secure the project for Virginia. Governor McAuliffe approved a $200,000 grant from the Governor’s Opportunity Fund to assist Greensville with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $635,000 in Tobacco Region Opportunity Funds for the project. The company may also be eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“The Greensville County Board of Supervisors is thrilled 510nano Incorporated has chosen to locate in our community,” stated Peggy Wiley, Chairman of the Greensville County Board of Supervisors. “During the past several years when the economy was not at its best, the County put an emphasis on investing in our economic development resources, such as the development of land and utilities and educational opportunities for our workforce. These assets are vital to bringing new companies like 510nano to the area. The County also participates in marketing on a regional level through a membership in the Virginia Growth Alliance. 510nano is the second announcement Greensville County has made in 2015, and we look forward to more in the near future.”
“I am pleased that 510nano chose to invest in Greenville County,” said Delegate Terry Kilgore, Chairman of the Virginia Tobacco Indemnification and Community Revitalization Commission. “These are the R&D jobs that the Tobacco Commission looks for, which it turn helps to diversify our economy.”
“Economic development remains a top priority in the Commonwealth, and I am thrilled that 510nano Incorporated will bring new jobs and investment to Greensville County,” said Senator L. Louise Lucas.
“Jobs and economic development remain a priority for my 75th District and the Commonwealth of Virginia,” said Delegate Roslyn Tyler. “I am pleased that 510nano Incorporated has selected Greensville County as their headquarters and will create 113 new jobs that are needed in Southside Virginia, and it will also be an excellent economic boost to our county.”
Mid-Atlantic Broadband to Host MBC Challenge Cup for Southern Virginia Robotics Teams
MBC Furthers Its Mission to Support STEM Education in Its Footprint
South Boston, VA – March 2, 2015 – Mid-Atlantic Broadband Communities Corporation (MBC) announced today it will host the inaugural MBC Challenge Cup, a competition that rewards superior performance for robotics teams in Southern Virginia. The MBC Challenge Cup is an element of MBC’s dedicated investment in Southern Virginia to prepare students in the region for the 21st century workforce through science, technology, engineering, mathematics (STEM) education.
MBC is a proud sponsor of the six FIRST (For Inspiration and Recognition of Science and Technology) Robotics Competition (FRC) teams in Southern Virginia, providing $6,000 to each team per season for the past three seasons to help cover the costs of designing and building a robot for competition. The teams sponsored include the Chatham High Metal Minds, G.W. High Team Talon, Martinsville High MADawgs, Piedmont Governor’s School STAGS, Bluestone High Skrappy’s Zoo, and the Altavista Bionic Eagles.
Any of the six FRC teams sponsored by MBC that competes in the FRC Virginia Regional at the VCU Siegel Center taking place March 18-21, 2015 is eligible to participate and is automatically entered in the Challenge.
The highest ranking MBC-sponsored team at the Virginia Regional will be the champion of the MBC Challenge Cup and will receive $5,000 for their school along with the MBC Challenge Cup trophy to be displayed at their school for one year. The winning team will also receive an all-expense paid trip for private tours of the Rolls-Royce and Commonwealth Center for Advanced Manufacturing (CCAM) facilities in Prince George County, VA, and the Amazon Fulfillment Center in Petersburg, VA.
Social media is also taking the stage for a part of this competition. On Facebook and Twitter, the teams can use the hashtag #MBCChallengeCup along with their identifying hashtag to post statuses and tweet to create buzz about their team. The team with the most active social media presence using these hashtags through March 21st, the last day of the Virginia Regional competition, will receive $20 Amazon gift cards for each team member.
MBC has invested more than $136,000 for robotics programs since 2012 to help meet the workforce demands of current and future companies in the region. STEM education is major facet that companies seek when deciding on a location for their operations, and as such, is important for the growth of economies.
“As MBC recruits new companies to Southern Virginia through our GoSOVA initiative, we are seeing an increase in companies investing in our region. This has and will continue to lead to an increase in employment opportunities. We have seen employment opportunities from data centers to agriculture, and want to ensure our region is prepared to fill these positions,” said Tad Deriso, MBC CEO. “Supporting our students via STEM education prepares our community for desirable next generation careers.”
About Mid-Atlantic Broadband Communities Corporation
Mid-Atlantic Broadband Communities Corporation (MBC) is a non-profit 501(c)(4) organization, committed to providing economic development leadership to Southern Virginia. MBC promotes economic development in Southern Virginia through the operation of a successful advanced open access fiber optic network, providing wholesale telecommunications transport services, colocation and tower leasing. Since its inception in 2004 and by offering a state-of-the art fiber optic network, MBC has supported the recruitment of major investments including data centers, call center/operations centers, advanced manufacturing, research and development, and bio-tech industries. For more information, visit www.mbc-va.com.