Global Refining Group to invest $4.2 million in facility.
Virginia Gov. Terry McAuliffe has announced that Global Refining Group Inc., a sister company of ABC Recycling, headquartered in Kenbridge, Virginia, will invest $4.2 million to build a catalytic convertor recycling operation in the state’s Lunenburg County. ABC Recycling recycles vehicles, scrap metals and catalytic converters.
McAuliffe says, “This project is a great example of a spinoff company resulting from business success that will bring new jobs and investment to Lunenburg County. The rapid growth of ABC Recycling created the demand for the establishment of Global Refining Group, which will take the recycling process to the next step and become the premier East Coast location for catalytic convertor recycling.
He adds, “We welcome our newest corporate partner to Virginia, and celebrate 30 new jobs in a region that continues to recover economically.”
“Lunenburg County is a great fit for Global Refining Group’s new catalytic convertor recycling operation,” says Maurice Jones, Virginia Secretary of Commerce and Trade. “In addition to its close proximity to sister company ABC Recycling, the county also offered an industrial building that has been recently retrofitted, allowing Global Refining Group to make some modifications and become operational in a shorter timeframe. We look forward to the company’s future success in Virginia.”
Robert Szafranski, CEO of Global Refining Group, says, “Global Refining Group has chosen Kenbridge as its new home. Though other locations were considered, it was the hard work and diligence of Lunenburg County, the Town of Kenbridge, the Tobacco Commission, the Virginia Economic Development Partnership, the Virginia Department of Business Assistance and the governor that made this decision possible. The support that these offices have offered our company shows their interest lies not only in the growth of our company but the community as a whole. For this we thank them and look forward to a successful start in Lunenburg County.”
The Virginia Economic Development Partnership worked with Lunenburg County, the town of Kenbridge, and Virginia’s Growth Alliance to secure the project. McAuliffe approved a $100,000 grant from the Governor’s Opportunity Fund to assist Lunenburg County with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $145,000 in Tobacco Region Opportunity Funds for the project.
The company may be eligible to receive benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Through its Virginia Jobs Investment Program, the Virginia Department of Small Business and Supplier Diversity will provide funding and services to support the company’s employee training activities.
“Our Board of Supervisors has enjoyed working with ABC Recycling since they opened in Kenbridge in 2006,” says Edward Pennington, chairman of the Lunenburg County Board of Supervisors. “As successful businessmen, we are delighted that Mr. Szafranski and his partners have chosen our community to continue their expanding operations. We foresee the addition of other associated companies and more job creation as a result of Global Refining Group, locating in Lunenburg. Our community appreciates the efforts of the state agencies, the VGA, the Tobacco Commission and the Governor’s office to make this announcement possible.”