PULASKI, Va. – New jobs are coming to Pulaski County.

Newcan Corporation announced on Wednesday that it would move its headquarters and main production facility to Pulaski, bringing 40 new jobs. The company is investing $4 million.

Newcan's move-in process will begin in February, with a tentative opening date set for July. It's not clear when the new jobs will be posted.

A leading producer of high-quality precision stampings and perforated components, Newcan Corporation is a major supplier to the automotive and industrial filter industry.

Newcan operates three facilities throughout the US in Greenfield, OH, Gastonia, NC, and now the soon-to-be Pulaski location.

The company has a history dating back to 1902, and produces over 350,000,000 components annually. Currently, Newcan offers the largest assortment of lock seam tubes available on the market, and their advanced production methods allow their products to be manufactured at speeds up to 250 parts per minute.

Newcan's new Pulaski facility will be located at 28 Jefferson Street, in a space currently occupied by Falls Stamping and Welding, though Falls will not be moving out. Both companies will share the facility, operating under the same management team and ownership. However, Newcan and Falls will remain somewhat separate by producing different products and selling to different customer bases.

Marking the fifth basic industry sector announcement for Pulaski County in the past nine months, this announcement also brings the County's nine-month totals to 645 new jobs and $65 million in new capital.