Recycling company opening operation in Va.

RICHMOND, Va. (AP) — A recycling company is planning to invest $4.2 million for an operation in Lunenburg County, creating 30 jobs.

Gov. Terry McAuliffe said Monday that Global Refining Group Inc. is establishing a catalytic convertor recycling operation in Kenbridge.

Global Refining Group is a sister company of ABC Recycling, which recycles vehicles, scrap metals and catalytic converters.

McAuliffe approved a $100,000 grant from the Governor’s Opportunity Fund for the project. The Virginia Tobacco Indemnification and Community Revitalization Commission also approved $145,000 in funding.

Officials say Virginia successfully competed against Connecticut and New York for the project.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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