Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DANVILLE, VA-Universal Leaf Tobacco Company Inc., which has its US headquarters in Richmond, has opted to renovate and upgrade its processing plant in a $28 million endeavor. The company settled on making changes to its existing Pittsylvania County plant in lieu of updating one of its North Carolina facilities. Changes to the facility will enable Universal to open up 38 new jobs to local residents, and to significantly expand its processing capabilities.

“The City of Danville’s existing industries have a tremendous impact on our economy–improving our quality of life and increasing future opportunities with new technologies and better jobs,” Danville City Manager Jerry Gwaltney says. “This announcement is a tremendous win for the City of Danville that highlights the positive business climate in our community.”

Virginia Economic Development Partnership spokesperson Jill Lawrence explains to GlobeSt.com that the plant upgrade will make more room but “involves no new square footage; they’re simply renovating and adding jobs and investments.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.