NORFOLK, Va. - A German-owned maker of compressors is planning to expand its U.S. headquarters and manufacturing facility in Norfolk, adding 130 jobs.
Bauer Compressors Inc. says it will invest $15 million at its complex and boost its workforce there over the next several years to more than 300.
The Virginian-Pilot reports ( http://bit.ly/RwvXMY) that Norfolk Mayor Paul Fraim called Bauer "a shining example of longstanding foreign direct investment."
The company is part of the privately held Munich-based Bauer Group.
Information from: The Virginian-Pilot, http://pilotonline.com
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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