ELDOR Corporation, an Italian manufacturer of automotive components, will invest about $75 million to establish its first North American production plant at Botetourt Center at Greenfield, creating 350 new jobs over the next five years.
This is the largest announcement of jobs and investment in Botetourt County history. The company will begin construction immediately on a 250,000 square foot facility on approximately 53 acres.
Roanoke Regional Partnership staff worked with ELDOR executives for nine months as they evaluated more than 160 sites in six states. The Partnership staff connected the company with the resources that would make this project work here, such as Botetourt’s pre-graded site, Virginia Tech, the mechatronics program at Virginia Western Community College, and business services. “ELDOR recognizes our region’s good market access, higher education assets, low costs of doing business, and productive work force,” said Beth Doughty, executive director of the Partnership. “In Greenfield, they liked that it was close to services, housing, and recreation. Livability matters in today’s world.”