RICHMOND, Va. - Honeywell plans to spend $27.5 million to increase its Chesterfield County operation's production capability.
Gov. Bob McDonnell said Monday in a news release that the project will add 50 jobs.
The Chesterfield County operation produces polyethylene fiber for bullet-resistant vests and other ballistic protection used by the U.S. military and and law enforcement. The fiber also is used in some industrial applications.
McDonnell has approved a $300,000 performance-based grant from the Virginia Investment Partnership program for the expansion.
The Virginia Department of Business Assistance will provide support for recruitment and training activities.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Source: http://www.wtop.com/?sid=2736351&nid=628
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