Italian cured meats manufacturer Veronesi Holding S.p.A., a Gruppo Veronesi company, will invest approximately $100 million to establish its first U.S. production facility in Rockingham County, creating an estimated 150 jobs over the next four years, Gov. Ralph Northam announced Thursday.

The facility will be located on 75.8 acres in the Innovation Village @ Rockingham and used to age, process and package the company’s products. In July 2018, Northam met with company officials in Italy on an international trade and marketing mission.