North Tidewater News

Gov. Glenn Youngkin announced on Tuesday that Liebherr Mining Equipment will invest $72.3 million to expand its plant in Hampton and Newport News, a project that will create 175 new jobs.

Liebherr, a global leader in the production of industrial mining equipment and other heavy machinery, opened two manufacturing facilities and its North American headquarters on the Peninsula in 1970, located in the Copeland Industrial Park that is in both Hampton and Newport News. Tuesday’s announcement indicates an increase in the production of trucks produced for use in the international open-cast mining industry.

“Hampton is thankful for its 50-plus-year collaborative relationship with Liebherr Mining Equipment and the City of Newport News,” Hampton Mayor Donnie Tuck said. “We are excited that Liebherr has made the strategic decision to invest more than $72 million and create 175 new jobs to manufacture mining equipment in our cities. We look forward to Liebherr’s continued strong presence in our communities and the Hampton Roads region for many years.”

Gov. Youngkin praised both cities and the management of Liebherr for establishing a successful partnership in Virginia.

“We thank Liebherr, an international leader in mining equipment manufacturing, for its commitment to the Commonwealth of Virginia,” Gov. Youngkin said. “Liebherr has recognized that Virginia is strategically located to serve as its global production headquarters for mining trucks and service customers within the United States and across the world. We celebrate the community partnership between Liebherr, the City of Newport News, and the City of Hampton that made this expansion possible.”

Founded in 1949, Liebherr is a global, independent family-owned technology and equipment company. At the Liebherr Mining Equipment Newport News facility, Liebherr manufactures their large, industrial-scale mining trucks used to transport vast quantities of material at open-cast mining operations. Liebherr’s industry-leading capacity (including a 363-ton payload truck), adaptive design, and on-site service model provides reliable and efficient operation for their customers across the globe.

The Virginia Economic Development Partnership worked with the City of Hampton and the City of Newport News to secure the project for Virginia. Gov. Youngkin approved a $1.5 million grant from the Commonwealth’s Opportunity Fund to assist both cities with this project. The company is eligible to receive benefits from The Port of Virginia Economic and Infrastructure Development Zone Grant Program. Funding and services to support employee training activities will be provided through the Virginia Jobs Investment Program.

Click here to read the full text of the press release from Gov. Youngkin’s office.