RICHMOND, Va. (AP) — A Belgium-based global logistics company is planning to set up a warehousing and distribution operation at the former Ford Motor Co. plant in Norfolk, creating 225 jobs when it is fully staffed.
Gov. Bob McDonnell says Katoen Natie will invest $10.5 million to purchase a portion of the former truck plant and spend an additional $1.5 million in new equipment. The company plans to refurbish the 662,000-square-foot former body shop.
McDonnell says the company's facility will further enhance port operations in Norfolk.
Katoen Natie employs 9,300 employees in 28 countries. It was incorporated in 1854 as a cooperative in the port of Antwerp, Belgium.
The Virginia Department of Business Assistance will provide funding and services to support the company's recruitment and training activities through its Virginia Jobs Investment Program.