Veronica Garabelli// September 27, 2016//
ST Tissue LLC – which makes tissue, towel and napkin products – announced Tuesday it will invest $35 million to expand its operation in Isle of Wight County. The project is expected to create 50 new jobs.
The company will add a new tissue machine and hard wound towel line that will increase existing capacity by more than 45,000 tons annually. ST Tissue sells commercial tissue to businesses in the food service and lodging sectors, among others.
“In 2013, ST Tissue resurrected a former paper mill and converted it into a leading paper products manufacturing facility that continues to grow and thrive in Isle of Wight County,” Gov. Terry McAuliffe said in a statement. “We are proud that this important corporate partner put citizens back to work and has made the decision to further invest in its operation and workforce.”
McAuliffe approved a $167,500 grant from the Commonwealth’s Opportunity Fund for the project. The company also is eligible to receive state benefits from the Virginia Enterprise Zone Program and sales and use tax exemptions on manufacturing equipment. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
Virginia successfully competed against Wisconsin for the project.