BOTETOURT COUNTY, VA (May 20, 2021) – On Thursday morning, Munters Group AB broke ground on a $36 million state-of-the-art facility in Botetourt Center at Greenfield.
According to a statement shared by the Roanoke Regional Partnership on Thursday, May 20, the 365,000 square-foot facility replaces an existing plant in Buena Vista.
However, all 200 employees will be retained to work in the expansive Botetourt County location, which will house manufacturing, research and development, and sales in the data center cooling systems and high-temperature industrial process systems industry.
“Today marks a milestone in the development of a new facility which will allow for the expansion needed to serve the data center market,” Michael Gantert, president of the data center division, said in Thursday’s statement. “Building in the Roanoke Region allows the company to continue caring for our workers while opening doors to attract additional team members.”
The Roanoke Regional Partnership describers Munters Group AB as a global leader in innovative, energy-efficient, and sustainable climate solutions for mission-critical processes, with 17 manufacturing facilities worldwide, including five in the United States.
In addition, the company — which was founded in 1955 and headquartered in Sweden — represents the 13th nation in Botetourt County’s manufacturing community, officials say.
“Botetourt County welcomes Munters Group AB to our corporate community at Greenfield,” said Dr. Mac Scothorn, chairman of the Botetourt County Board of Supervisors. “The past several years have seen substantial growth as Botetourt continues to develop into one of the most competitive locations for companies looking to do business in Virginia. We are proud to add Munters Group and excited to see progress on the site.”
“Much of Botetourt’s success has been built on the investments we’ve made in Botetourt Center at Greenfield, which continues to be a preferred location for companies considering the Roanoke Region,” Gary Larrowe, Botetourt County administrator, said.
The Roanoke Regional Partnership used JobsEQ economic modeling software and predicted the project will have a $93.5 million annual economic impact on the Roanoke region, as well as add 161 indirect and induced jobs.
“The Roanoke metropolitan area has the highest level of economic diversity in Virginia, and the region’s economic diversity is matched by the depth and breadth of its talent pool and workforce training resources,” said John Hull, executive director of the Roanoke Regional Partnership. “This combination of strengths will serve Munters Group AB now and into the future.”
Officials say Munters worked with Botetourt County and the Roanoke Regional Partnership to support the project. The company will reportedly receive local considerations on land and site prep.
Graham & Company of Birmingham, Alabama, is serving as developer for Munters, but ARCO will manage construction of the new facility, according to Roanoke Regional Partnership.