Universal Companies to invest $1.5m in Washington County, Va.
Virginia successfully competed against Tennessee for the project, which will create 30 new jobs.
Founded in 1982, Universal Companies is committed to delivering innovative and complete spa solutions to more than 30,000 customers around the world. Universal not only offers spa products and equipment, but also industry-leading advanced education in the spa and wellness industries.
The Virginia Economic Development Partnership (VEDP) worked with Washington County to secure the project for Virginia.
Governor Terry McAuliffe approved a $90,000 grant from the Commonwealth’s Opportunity Fund to assist the County with the project.
In addition, the Virginia Tobacco Region Revitalization Commission approved $210,000 in Tobacco Region Opportunity Funds for the company.
Universal Companies is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, and funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
The company is a graduate of VEDP’s award-winning Virginia Leaders in Export Trade (VALET) Program. VALET is an application-based, two-year international export acceleration program. ■