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Manufacturing 2023: ROB WERGE
Werge became president and CEO of Cadence, a contract manufacturer of medical and drug delivery devices, last year. He has more than 30 years of experience in technology-driven contract manufacturing, including leadership positions at Nypro (now Jabil Healthcare), where he led its consumer and electronics business for the Americas region and also led India operations. […]
Manufacturing 2023: ESTER CODINA
Since 2022, Codina has overseen North American operations for Alfa Laval, a leading manufacturer of heat transfer, separation and fluid handling products. She started her new position at the Swedish company after a stint as senior vice president of its U.S. service and marine divisions, a role in which role she boosted customer satisfaction and […]
Manufacturing 2023: FREDRIK HÖGBERG
A Sweden native, Högberg became president of Volvo Penta North America last year and is responsible for the strategic direction and execution of the company’s operations throughout the continent, covering both the marine and industrial markets. Sharing the name of the vehicle manufacturer, Volvo Penta is a supplier of engines and power systems for boats […]
Manufacturing 2023: TOM HAYES
Hayes began working for the Swedish tobacco products manufacturer in 2006, serving as chief financial officer and senior vice president before becoming president in 2020. Swedish Match manufactures and sells smoke-free oral tobacco products that have a lower risk of mouth cancer, heart disease and lung cancer than cigarettes, according to the Food and Drug […]
Polish glass fabricator expanding in Henry County
Poland-based Press Glass Inc. will spend more than $155 million to expand its operations in Henry County and add 335 jobs, marking the largest expansion in the county’s history, Gov. Glenn Youngkin announced Wednesday. The largest independent glass fabricator in Europe, according to a news release, Press Glass will construct a 360,000-square-foot addition at its […]
Chesterfield pharma company to pay $30M in Suboxone settlement
Chesterfield County-based pharmaceutical manufacturer Indivior Inc. has reached a $30 million settlement agreement in a federal class-action antitrust lawsuit brought by a group of health plans over the manufacturer’s opioid addiction treatment drug, Suboxone. The global parent company, Indivior PLC, announced the settlement Monday, and the plaintiffs filed a memorandum in support of the set[...]
PharmaVille
A coalition of public and private sector partners is hoping to write a new chapter for Central Virginia — and ultimately the country — in its mission to fight drug shortages and create low-cost medications. Anchored by wet labs and research and development in Richmond and manufacturing in Petersburg, the Alliance for Building Better Medicine aims […]
Rail equipment manufacturer to expand in Salem
Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within [...]
Stihl names new president, CEO
Virginia Beach-based chainsaw and outdoor power equipment manufacturer Stihl Inc. has announced a leadership shift a little more than a year after Terry Horan took on the role of president and CEO. Chris Keffer, senior vice president of sales and marketing, will become the company’s new president and CEO on August 4, replacing Horan, who […]
Biomass company to expand in Wythe County
Musser Biomass and Wood Products will invest $7.5 million to expand operations in Wythe County and add 10 jobs, Gov. Glenn Youngkin announced Wednesday afternoon. The company, a division of Musser Lumber Co., will more than double production of dried hardwood chips and sawdust that the company supplies to composite decking manufacturers, plastic extrusion companies, […]
Carpenter acquires Belgian foams biz for $468M
Richmond-based Carpenter Co. has completed its acquisition of Belgium-based Recticel’s engineered foams division for $468 million, a deal that makes makes Carpenter the world’s largest vertically integrated manufacturer of polyurethane foams and specialty polymer products, the company announced Wednesday. Founded in 1950, Carpenter is a manufacturer and supplier of foam, fiber and che[...]
Auto parts manufacturer to expand in Emporia
Heyco Werk USA Inc., a subsidiary of Germany-based automotive parts manufacturer Heyco Group, plans to invest $5.4 million to expand its operations in Greenville County, adding 21 jobs, Gov. Glenn Youngkin announced Thursday. The location produces precision plastic molder parts for the auto industry and other industrial markets. Heyco Werk USA produces products for all […]
