Würth Revcar Fasteners Expands in the Roanoke Region of Virginia
Würth Revcar Fasteners, Inc., a Würth Industry North America company and part of the worldwide Würth Group, has announced an expansion in the Roanoke Region. Würth Revcar Fasteners is adding 50 jobs and investing $5 million in renovations to an existing facility on Avery Row in Roanoke County. The facility on Avery Row will serve as the company’s new headquarters and its primary distribution center for the East Coast. It will be used to ship directly to customers throughout North America and distribute inventory to eight regional branch locations. The building will be the single largest Würth facility in North America and is expected to open in the third quarter of 2022.
Würth Revcar Fasteners is a full line/full-service assembly component supplier and an approved level one fastener distributor to many US Navy and military accounts worldwide. Revcar Fasteners was founded in Roanoke in 1969 and has been headquartered in the Roanoke Valley since that time. The Würth Group, the world’s largest industrial distributor and leader of innovative supply chain solutions, acquired the company in 1996 as part of the Würth Industry North America network of companies. Würth Revcar Fasteners has enjoyed steady growth over the years and has expanded its primary service area to include the East Coast and Gulf Regions of the United States.
“We are excited to relocate Würth Revcar to a new, larger headquarters in Roanoke,” shared Dan Hill, chief executive officer of Würth Industry North America, “This move represents another significant milestone for our fast-growing organization. The new facility supports our customer-centric distribution strategy in North America while accommodating our growing team. The additional space will also help drive innovation and provide the opportunity for further expansion.”
“We are excited about the opportunity for a world class headquarters that will allow us to attract, retain, and develop top talent in the same location as a highly efficient, large scale distribution facility,” said Chapman Revercomb, managing director of Wurth Revcar Fasteners. “We expect to add 50 office and warehousing positions as we ramp up operations in the new facility,” he added.
Würth Revcar Fasteners’ deep ties to the region guided the company as they conducted a thorough location search. “We are excited that 1 Avery Row will allow us to remain in the Roanoke Valley, where we’ve been headquartered for more than 50 years.”
According to Revercomb, their initial investment is expected to be in excess of $5 million in office renovations, sustainable energy solutions and warehouse infrastructure, with subsequent investments in warehouse automation and equipment to far exceed this first phase of investment.
The parties to the transaction express their appreciation to the Roanoke Regional Partnership and Roanoke County Economic Development for their role the project and for fostering a business environment that attracts new development and retention of Roanoke-based businesses. Cushman & Wakefield | Thalhimer represented Würth Revcar Fasteners. Binswanger represented the property owner, Blue Ridge Partners, L.L.C.
“As a family-owned company with a 75-year history, we place the utmost importance on positively impacting the communities we operate in, and we are thrilled to play a role in the growth of the Roanoke area through our new building,” says Dan Hill.