idX Corporation, an international manufacturing company, will invest $7.2 million to establish its Virginia operation in Spotsylvania County, Virginia Governor Terry McAuliffe announced this week.
The Virginia Economic Development Partnership worked with Spotsylvania County and the Fredericksburg Regional Alliance at the University of Mary Washington to secure the project.
Governor McAuliffe approved a $400,000 grant from the Commonwealth’s Opportunity Fund to assist Spotsylvania County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
Virginia successfully competed against Maryland and North Carolina for the project, which will create 150 new jobs in Spotsylvania.
idX Corporation is buying the former General Motors Fredericksburg Powertrain facility from the RACER Trust, an entity created by a federal judge in 2009 as part of a bankruptcy
agreement to create redevelopment opportunities for former GM sites that were turned over to the government. The 77-acre facility in Spotsylvania includes 250,000 square feet of industrial space.
idX is expected to finalize the deal in the coming weeks, according to Lee Hill Supervisor Gary Skinner, who who represents the district where the project is located. The company is moving operations from its current location in Columbia, Maryland.
“We’ve worked hard throughout the years to replace the jobs we lost when the GMC plant closed,” Skinner said. “idX is a very good start.”
The company provides quality millwork, fixtures, décor, and graphics to its customers, and offers manufacturing in all materials, including acrylic, glass, laminates, metal, upholstery, veneers, and wood.
idX has manufacturing facilities across North America, and locations in Asia, Europe, and the Indian subcontinent.
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