Manufacturer to expand Virginia operations

HVAC equipment company to invest $9.2 million in Virginia expansion

Associated Press

RICHMOND, Va. (AP) -- Daikin McQuay plans to invest $9.2 million to expand its manufacturing and research and development operation in Virginia's Augusta County, creating 50 jobs.

Gov. Bob McDonnell says the subsidiary of Japan-based Daikin Industries plans to upgrade its facility to increase its ability to generate energy-saving global chiller products.

The company is a global manufacturer of commercial heating, ventilating, air conditioning, refrigeration and building management equipment and systems.

McDonnell met with Daikin Industries officials in Japan during his Asia marketing mission in 2011. He also met with the company in New York City on marketing trips in 2011 and 2012.

McDonnell approved a $250,000 grant from the Governor's Opportunity Fund for the project.

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