Service Center Metals, a manufacturer of aluminum extrusions, will invest $45.2 million to expand operations in Prince George County.
The expansion at Prince George’s SouthPoint Business Park is expected to create 58 jobs. Virginia competed against Indiana for the project.
Service Center Metals was founded in 2002 by Scott Kelley, Randy Weis and Chip Dollins, three former Reynolds Metals Co. executives. Manufacturing started in July 2003 in Prince George.
The company deals exclusively with service centers, which resell its extruded products to manufacturers.
In 2014, SCM started the first phase of its Compact Remelt Plant. Phase 2 began production in early 2017, producing all of the company’s billets and providing a new revenue stream through sales to other extruders.
Today, SCM has 200 employees and annual revenue of more than $145 million. The company remains privately held, with both of its plants located in Prince George.
The Virginia Economic Development Partnership worked with Prince George and Virginia’s Gateway Region to secure the project. Gov. Terry McAuliffe approved a $200,000 Commonwealth’s Opportunity Fund grant to assist the county with the project.
The governor also approved a $400,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing companies. Service Center Metals is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.