Daily Press

LEGO plans to build factory near Richmond

Toy manufactur­er says it’ll invest $1B, employ 1,700-plus people

-

CHESTERFIE­LD — Global toy manufactur­er the LEGO Group plans to invest more than $1 billion to build a factory in suburban Richmond, Gov. Glenn Youngkin announced Wednesday.

The factory, expected to open in 2025, will feature a carbon-neutral design and will employ more than 1,760 people, according to a news release.

“The LEGO Group’s decision to establish its U.S. manufactur­ing plant in Virginia shines a global spotlight on the advantages that make the Commonweal­th the best business location in the nation, and we look forward to a long and successful partnershi­p with this iconic company,” Youngkin said in a statement.

The factory will be the company’s seventh factory globally and the second in the Americas, joining a site in Mexico, according to a company news release. The 1.7 million-square-foot Virginia facility will mold, process and pack LEGO products and ensure they meet safety and quality requiremen­ts.

It will be located in a publicly owned industrial park in Chesterfie­ld County, about 20 miles south of Richmond near Interstate 95. All of its day-to-day energy needs will be matched by renewable energy generated by an onsite solar park, the company pledged.

“We were impressed with all that Virginia has to offer, from access to a skilled workforce, support for high-quality manufactur­ers, and great transport links,” Niels Christians­en, CEO of the family-owned company headquarte­red in Billund, Denmark, said in a statement. “We appreciate support for our ambition to build a carbon-neutral run facility and construct a solar park and are looking forward to building a great team.”

The company will be eligible for a range of taxpayer-funded incentives, including a performanc­e-based grant of $56 million and site developmen­t improvemen­ts subject to legislativ­e approval estimated to cost up to $19 million, a news release said.

Constructi­on is expected to commence this fall and a temporary packaging site will open in an existing building nearby in early 2024, creating up to 500 jobs, according to the company’s news release.

 ?? SHABAN ATHUMAN/AP ?? Gov. Glenn Youngkin presents a Virginia State flag to LEGO Group CEO Niels Christians­en during a news conference Wednesday in Richmond. The LEGO factory is expected to open in 2025.
SHABAN ATHUMAN/AP Gov. Glenn Youngkin presents a Virginia State flag to LEGO Group CEO Niels Christians­en during a news conference Wednesday in Richmond. The LEGO factory is expected to open in 2025.

Newspapers in English

Newspapers from United States