Innovative Refrigeration Systems

Project facts

Decision / announcement date

2026-05-15

Date precision

day

Sector

Industrial machinery & equipment

Facility action

Expansion

Facility type

Manufacturing campus

Project status

Announced

Project / facility

Expansion of Augusta County manufacturing campus (acquisition and renovation of adjacent building)

Figures & qualifications

Capital category

Committed

Capital scope

site

Jobs classification

New/Direct

Jobs basis

VEDP: 'create 214 new jobs for Virginians'.

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

Innovative Refrigeration Systems will invest $19 million in Augusta County, creating 214 jobs.