Montgomery County and Maryland were beaten in the economic development game again by Virginia yesterday. Will they be players in the next big manufacturing competition, for an IKEA factory on American soil? Virginia Gov. Glenn Youngkin's office announced Tuesday that his state had won the competition for a 400,000-square-foot Condair Group AG manufacturing facility. The press release indicated that Virginia and South Carolina were the two finalists. Meanwhile, the Financial Times reported this past weekend that IKEA is scouting for factory locations in the United States, due to increasing disruptions in international shipping lanes.
Virginia could already have a [LÖVBACKEN table] leg up in the IKEA race, as the Swedish furniture giant previously operated its only U.S. factory in Danville, Virginia from 2008 to 2019. It ultimately closed that plant, shipping its 300 jobs back to Europe. Montgomery County has plenty of room for an IKEA plant in the I-270 corridor, where there is also potential direct rail access to the CSX Metropolitan Subdivision for domestic or port shipping purposes. Of course, Baltimore, Hagerstown and Cumberland are among the struggling Maryland cities that could use an IKEA plant to help revive their once-mighty industrial areas.
There's no indication of Montgomery County or Maryland having been in the hunt for the Condair plant. The $57.2 million investment by Condair in Chesterfield County, Virginia will create 180 good-paying industrial jobs with full benefits. Instead of Condair products being exported out of the Port of Baltimore, they'll be headed out of Richmond Marine Terminal in Virginia, according to the press release.
"When an international brand like Condair makes the decision to locate in Virginia, the positive ripple-effects of economic investment, job creation and cargo growth are felt throughout the Commonwealth," Virginia Port Authority CEO Stephen A. Edwards said in a statement. "The Port of Virginia will be among the beneficiaries of Condair’s location in Chesterfield County, which is not far from Richmond Marine Terminal. We are ready to collaborate with Condair to help it leverage the assets of this port — America’s most modern gateway — to ensure it has access to world markets."
"Virginia is the perfect location for the international company Condair to establish its state-of-the-art manufacturing facility," Youngkin said in a statement Tuesday. "We applaud the 21st century manufacturing jobs that this project will bring to Chesterfield County."
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