RICHMOND, Va. (AP) — Honeywell plans to spend $27.5 million to increase its production capability at Virginia operation.
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.