News Summary
Integer, a global leader in medical manufacturing, is expanding its operations in Salem, VA, leasing a new 13,000-square-foot facility. This move aims to bolster production for catheter components, creating 83 new jobs over the next five years. With the support of significant financial backing from Virginia’s government and the Virginia Talent Accelerator Program, this expansion marks an important step for the local economy and the medical device sector.
Exciting Times for Salem, VA as Integer Expands!
Salem, VA is buzzing with excitement as Governor Glenn Youngkin recently announced that Integer, a well-known global medical contract developer and manufacturer, will be making a significant splash in the area. After 30 successful years, Integer is set to expand its operations, and this is big news for the local community!
New Facility on the Horizon
The company is planning to lease a spacious new 13,000-square-foot manufacturing facility in the heart of Salem. This isn’t just any expansion; it’s all about ramping up production for catheter components that are crucial for their burgeoning cardio and vascular business segment. It looks like Salem is going to be at the forefront of medical innovation!
Job Creation Galore
But wait, there’s more! This expansion is not just about the impressive new facility. It’s also expected to create 83 new jobs over the next five years. That’s a fantastic boost for the local economy and job market. More jobs mean more opportunities for Salem residents, paving the way for a brighter future!
Competitive Edge in Virginia
The project has received a lot of attention, and it’s easy to see why. Virginia is increasingly becoming a hotspot for global leaders like Integer, thanks to its competitive advantages. The state is well-known for its strengths in advanced manufacturing and medical device production, making it an ideal location for such operations.
The Community Comes Together
The excitement doesn’t stop there! Local leaders, including the City of Salem’s Mayor, have expressed their enthusiasm for this investment. They recognize the potential it holds for enhancing economic development in the area. The support from Virginia’s government officials is also palpable, signifying a strong commitment to nurturing such valuable investments.
Financial Backing
To support this ambitious project, Governor Youngkin has approved a whopping $350,000 grant from the Commonwealth’s Opportunity Fund to assist the City of Salem. On top of that, a performance-based grant of $500,000 from the Virginia Investment Performance Grant Program has also been secured. This robust financial backing is a testament to the belief in the project and its positive impact on the community.
Training for the Workforce
Another exciting aspect of Integer’s expansion is the job creation support that will come through the Virginia Talent Accelerator Program. This program is designed to offer customized workforce training at zero cost for qualifying companies, ensuring that the future workforce is not just ready but well-prepared for the challenges ahead.
Workforce Opportunities Await
Integer isn’t just expanding its walls; it’s actively hiring! Residents in the region can check out integercareersvirginia.net for the latest job opportunities. This is an incredible chance for anyone looking to dive into a career in advanced manufacturing and medical devices.
Looking Forward
As this exciting chapter unfolds for Integer and the City of Salem, the community’s future looks bright. This expansion not only signifies growth for a reputable company but also represents a collective step towards a thriving local economy. Keep your eyes peeled for further developments – good things are on the way for Salem!
Deeper Dive: News & Info About This Topic
- WSLS News
- Wikipedia: Manufacturing in the United States
- WSET News
- Google Search: Integer medical device manufacturing
- WFIR News
- Google Scholar: Advanced manufacturing
- WFIR News on Grant Challenge
- Encyclopedia Britannica: Economic Development
