Dhiyo House recently announced that it will invest $6.1 million to establish its first manufacturing operation in Virginia. The specialty supplier of belting for the conveyor and power transmission industries will build a 40,000-square-foot manufacturing facility in the Wise County Industrial Park to produce belting and expand production with additional products. The project is expected to create 80 new jobs in the region.
"Dhiyo House chose Virginia because it is the most suitable location for our business, and the Wise County coal industry gave us tremendous love and support," said Deepa Luthra, owner of Dhiyo House. "Southwest Virginia is coal country and provides close proximity to all neighboring coal states, including but not limited to Kentucky, West Virginia and Pennsylvania."
Dhiyo House has provided a variety of conveyor and power transmission belts since 2005. The company serves rock quarries, hard rock and soft mineral mines, sugar mills, cement works, foundries, brick workers, smelters, paper and saw mills, power plants, and many other types of industrial and mining operations.
The Virginia Economic Development Partnership (VEDP) worked with Wise County, the Wise County Industrial Development Authority and the Virginia Coalfield Economic Development Authority to secure the project for Virginia. Gov. Terry McAuliffe approved a $250,000 grant from the Commonwealth’s Opportunity Fund to assist Wise County with the project. The Virginia Tobacco Region Revitalization Commission also approved $645,000 in Tobacco Region Opportunity Funds.
Dhiyo House is eligible to receive state benefits from the Virginia Enterprise Zone Program, which is administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
For more information, visit www.dhiyohouse.com.