Powhatan Success Stories

Powhatan Success Stories

Powhatan Business Case Studies

 

Fortune Auto Logo
Fortune Auto North America 
A small firm grows within Powhatan with a leading edge in the auto industry. 

Powhatan Economic Development began working with Fortune Auto in 2018 to assist in Business Retention and Expansion efforts. Fortune Auto North America manufactures performance suspension systems for Japanese and European vehicles. Located in the Oakbridge Industrial Park on the eastern border of Powhatan, their 9,000 SF building houses research, testing, production, service and office divisions. With a young dynamic workforce of designers, engineers and technicians, their capabilities to grow within their niche market was inevitable. 

Through the BRE process and a introduction from Powhatan Economic Development, Fortune Auto was accepted into Virginia Economic Development Partnership's Regional Export Program for market research and trade shows. VEDP's market research identified new international markets for Fortune Auto's products. The Regional Export program awarded them $10,000 to attend the SEMA trade show where they secured a new international client in Singapore.  

Through this new expansion into the international market, Fortune Auto has increased sales and will be expanding their workforce to meet demand. This new growth qualified them for a grant from the Virginia Jobs Investment Program. 

 

 

 

 

 

 

Fortune Auto Product

 

 

 

 

 

 

Fortune Auto SEMA display

 

 

 

 

 

Fortune Auto Workforce