Virginia Governor Terry McAuliffe announced this week that Core Health & Fitness LLC will invest $2 million to expand the old Med-Fti operation in Grayson County, according to The Southwest Times.
The investment will create 250 new jobs in state. Virginia won the competition for Core Health & Fitness over California and China.
At the announcement, McAuliffe said the following:
“The addition of Core Health & Fitness LLC to Grayson County’s corporate roster is tremendous for a region that has suffered from recent employment loss. With this investment, the company will build on the existing product line and revitalize an operation that has manufactured Nautilus commercial products for more than three decades, creating 250 new, valuable jobs.”
“Grayson County’s history in producing commercial fitness, wellness and rehabilitation products makes it a great fit for Core Health & Fitness, and we are confident that this project will be of great economic benefit to Southwest Virginia,” he said.
The Virginia Secretary of Commerce and Trade, Maurice Jones, said, “Today’s announcement of 250 jobs and a new corporate tenant for the former Med-Fit facility comes at a fortuitous time for a region that continues its economic rebound. We remain ready to do what we can to help facilitate the company’s success in Grayson County.”
The company has its headquarters in Vancouver, Washington. It markets and distributes fitness equipment.
The President and Chief Operating Officer of Core Health & Fitness, Dustin Grosz, said the following at the announcement:
“We are excited to be able to acquire the Nautilus commercial licensing rights and to be able to manufacture world-renowned strength products in Independence, Virginia. The skilled workforce has consistently built some of the best, if not the best, strength fitness equipment in the world.
“This campus will become our major, world-wide strength manufacturing hub,” he said. “We are extremely pleased with the amount of support we have received from the Town of Independence, Grayson County and State of Virginia.”
A grant from the Governor’s Opportunity Fund to help Grayson County with the project was approved by Governor McAuliffe.
John K. Brewer, the chair of the Grayson County Board of Supervisors, said the following at the announcement: “We are elated that a world-class company such as Core Health & Fitness has chosen to carry on the storied tradition of Nautilus, and we are extremely honored to welcome them into our business community. This project means so much to Grayson County, and our community will forever be grateful for all the support and assistance received from Governor McAuliffe, Secretary Jones, Senator Carrico, Delegate O’Quinn, the Virginia Tobacco Commission, the Virginia Economic Development Partnership and Virginia’s Corridor that made this deal possible.”Core Health & Fitness LLC Bringing 250 New Jobs to Virginia by Jim Vassallo