KmX Chemical Corporation to invest $2.075 million to expand chemical recycling and manufacturing operation in Accomack County

Governor Terry McAuliffe announced today that KmX Chemical Corporation will invest $2.075 million to expand its solvent reclamation facility in Accomack County. KmX began development of specialty membranes for separation and recovery of valuable chemicals and water treatment in 2005, and will ramp up production and R&D on new membrane technologies. The project will create 16 new jobs paying above the average prevailing wage in the region.

Speaking about today’s announcement, Governor McAuliffe said, “I am thrilled to announce KmX Chemical Corporation’s expansion in Accomack County. Helping the Commonwealth’s existing businesses grow and create good jobs for Virginians is a key part of our efforts to build a new Virginia economy. KmX has developed an invaluable technology for cost-effective and efficient wastewater treatment and management, playing an important role in protecting our environment as water pollution becomes an increasing concern. We are proud to have KmX on Virginia’s corporate roster, and look forward to the company’s continued success.”

“The creation of new jobs in Accomack County by an existing Virginia business is great news for the region,”said Secretary of Commerce and Trade Maurice Jones. “This is a strong testimonial to the superior talent, business climate and infrastructure on Virginia’s Eastern Shore.  We look forward to continuing this great partnership with KmX.”

KmX Chemical Corporation operates a solvent reclamation facility, serving the Greater Mid-Atlantic region, at its 13.5-acre operation in New Church, Virginia. At the core of KmX’s value proposition is its own proprietary membrane distillation technology (MD). KmX’s MD platform is integrated with a full array of conventional filtration and separation technologies that provide a robust and flexible system to cost separate and reclaim valuable product.

Its facility adheres to the highest standards for permitting, compliance, environmental protection, product quality and safety and traceability.

“We are delighted to participate in this exciting private/public partnership with the Commonwealth of Virginia to grow KmX’s employment base in Virginia and enhance our innovative toxic waste removal technology,” said Dr. Hu Fleming, CEO of KmX.

“This partnership will mean more jobs in Virginia and a cleaner environment in America,” added Bruce Lev, Chairman of KmX.

The Virginia Economic Development Partnership worked with Accomack County to secure the project for Virginia. Governor McAuliffe approved a $40,000 grant from the Commonwealth’s Opportunity Fund to assist Accomack with the project. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

Chairman of the Accomack County Board Reneta Major said, “KmX is a wonderful example of classic entrepreneurship and hard work that creates value in the marketplace. Our Board is so pleased and appreciative to be part of healthy working partnership with the Commonwealth, which actively supports growth in our county, adding needed, well-paying, jobs to the local economy.”

“It is exciting to have a firm choose Accomack County to expand their business,” said Delegate Robert Bloxom. “KmX Chemical Corporation’s decision demonstrates the benefits of our business climate.”

“This is great news for Accomack, and demonstrates the importance of the Commonwealth’s Opportunity Fund and Governor McAuliffe’s aggressive efforts at economic development,” said Senator Lynwood Lewis.