VIRGINIA BEACH — Three Virginia Beach-based companies will be expanding their operations with the help of the city’s economic development department.
Virginia Beach Development Authority approved a total of $150,000 in investment program grants to be split among Altmeyer Funeral Homes, Omniio, and Ironclad Media Alliance. The three companies plan to relocate, expand, and create new jobs to the area.
“All three businesses fall within our small business profile, and we are very pleased to see each of them expand and invest in Virginia Beach as a community partner,” said Virginia Beach Economic Development Director Warren D. Harris in a press release.
Altmeyer Funeral Homes was awarded the largest investment, receiving $100,000 based on a $5.5 million capital investment and job creation effort.
The family-run company, which was founded in West Virginia in 1917, brought its services to Virginia Beach in 1997 and currently has facilities on Greenwich Road, Baltic Avenue, and owns the Cremation Society of Virginia in Kempsville.
With their main location at Greenwich Road impacted by the I-64/1-264 Ramp Improvement Project, Altmeyer is looking to relocate to 5033 Rouse Drive where they will more than double a 10,000-square-foot building into a new facility.
They also purchased two adjacent properties to convert into parking and more facility space.
Employing almost 70 full- and part-time workers, Altmeyer plans to add five new positions following their expansion.
“Thanks to the help of the Virginia Beach Department of Economic Development and the Development Authority for granting us funds, Virginia Beach will remain the hub of our growing business,” said James E. Altmeyer, Jr., president, in a press release. “We employ many local funeral professionals, retired veterans, and individuals who call this city home.”
The remaining $50,000 was allocated to bath and body products manufacturer, Omniio, and Ironclad Media Alliance, a digital cinema production company.
Omniio owns O My! Goat Milk Bath and Body which produces and sells soaps, lip balms, lotions, and more made from goat milk.
The company received $20,000 to go toward locating from 2521 Engagement Court to 2744 Sonic Drive.
They will be expanding from a 3,400-square-foot facility to a 4,785-square-foot building, adding four full-time positions in the process with salaries of $31,200.
Ironclad Media, which has produced content for companies like Under Armor, Reebok, and Sig Sauer, will be tripling their space with the help of a $30,000 grant.
The media agency will transition from a 1,800-square-foot facility at 207 25th Street, where they started in 2010, to 1136 Jensen Drive which measures at a little over 5,000 square feet.
Their relocation and expansion will also result in three new full-time jobs with salaries listed at $40,000.
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