Performance Livestock and Feed

Investment: $4.2 million
New Jobs: 32
Location: Henry County
Industry: Agribusiness

North Carolina-based Performance Livestock and Feed Company Inc. will invest $4.2 million to establish a new grain and feed operation in Henry County. The family-owned business will increase production capacity by 50 percent over the next three years and commit to purchasing nearly $11 million in Virginia sourced grains and other feed ingredients.

Virginia successfully competed against North Carolina for the project, which will create 32 new jobs.