Virginia Manufacturing Jobs Added by SPARTA
Posted on March 4, 2009
A local plant’s investments will soon create new Virginia manufacturing jobs.
SPARTA Composite Products is planning to invest $13.2 million to open a new manufacturing facility in Suffolk, Va., a move that will create 198 jobs during the next five years. Gov. Tim Kaine approved a $300,000 grant from the Governor’s Opportunity Fund for the project. The facility will be used to manufacture composite parts for the aerospace and defense industry.
The facility is expected to be operation by December and will begin hiring workers during the third quarter of 2009, according to an article by the Star Exponent. SPARTA already operates three facilities in Virginia, where the company produces composite products for aircraft and missile and munitions products for the defense industry.
The added jobs should help Virginia’s economy, which has fared well compared to some other areas in the nation, but is still losing jobs. During December 2008, the state’s unemployment rate increased from 4.6 percent to 5 percent, according to the United States Department of Labor Bureau of Labor Statistics.
Virginia’s manufacturing industry employed 269,400 workers during December 2008, down from 270,900 workers during November 2008 and a 2 percent decrease from last year. Overall, the state had a total non-farm employment of 3,743,900 workers during December, down from 3,764,800 workers during November and a .8 percent decrease from last year.