PRINCE GEORGE COUNTY, VA - Rolls-Royce has assumed the title to over 1,000 acres at Crosspointe Centre, an important step in the continuing development of the company’s new aerospace facility in Prince George County, VA. The County transferred the land to Rolls-Royce in accordance with the terms of a Memorandum of Understanding signed by the parties.

The new Rolls-Royce site, known as Crosspointe, will manufacture, assemble and test a range of aerospace components and products. The first phase of work – component manufacturing – is likely to support over 150 jobs and the company expects future growth in Virginia to generate roughly 500 new jobs in the coming years. Initial Rolls-Royce investment in this site will exceed $100 million. Over time, the company anticipates additional investment of up to $500 million in Virginia.

The land transfer took place at a signing ceremony in late December and capped a busy year of work related to the new facility. To date, Rolls-Royce has invested several million dollars to establish operations in support of Crosspointe. The company has set-up a local office in Petersburg, VA, very near the new site. More than 20 Rolls-Royce employees are working on this project and recruiting is underway to fill critical manufacturing engineer roles. At the site itself, clearing and grading of the first 60 acres is complete and construction is scheduled to begin shortly.

Bob Stoddart, Rolls-Royce executive vice president, Crosspointe says, “We’re delighted to be growing our footprint in Virginia and bringing the economic benefits associated with high value added manufacturing to the region. We’ve been believers in Virginia since 1990 when we selected the Commonwealth as home for our North American corporate headquarters. Crosspointe will be a world class aerospace facility and we look forward to helping Virginia grow its aerospace technology base further.”

Crosspointe will be the largest Rolls-Royce site by area in North America, with space to accommodate suppliers' and partners’ co-location in the future. It is also the first Rolls-Royce site built from-the-ground-up in the United States.