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Packaging manufacturer to launch $45M expansion in Pittsylvania County
During the next four years, Intertape Polymer Group Inc. (IPG) will expand its Pittsylvania County manufacturing operation, investing approximately $45 million and creating 50 jobs, Gov. Ralph Northam announced Tuesday. The packaging products and systems company will add 30,000 square feet to its facility at 1101 Eagle Springs Road and invest in production, operations and […]
Wood products manufacturer will create 73 jobs in Russell County
Rambler Wood Products is investing $7.6 million to establish a wood products manufacturing facility in Saint Paul, creating 73 jobs in the Russell County area, Gov. Ralph Northam announced Friday. “As Virginia’s third-largest private sector industry, forestry supports thousands of quality jobs in our rural communities and contributes $21 million in economic impact each year,” […]
Laminating company to add 42 jobs in Henry County
Custom laminating company Laminate Technologies Inc. will invest $4 million to expand its Henry County facility in Ridgeway, creating 42 jobs, Gov. Ralph Northam announced Friday. The company’s manufacturing facility, which opened in 2012, is located at 775 Industrial Park Drive, where an automated hardwood plywood press line will be installed to increase its capacity […]
Mohawk Industries to invest $22.5M in Carroll County operation
Flooring manufacturing giant Mohawk Industries Inc. will invest $22.5 million to expand its Carroll County operation, creating 35 jobs, Gov. Ralph Northam announced Thursday. Mohawk, which currently employs more than 900 Virginians, will add 19,000 square feet to its 351 Floyd Pike facility in Hillsville and install new equipment to increase its production speed. “We […]
Three Va. universities join Cybersecurity Manufacturing Innovation Institute
Virginia Tech announced Thursday it has been named a managing member of the Cybersecurity Manufacturing Innovation Institute (CyManII), an $111 million public-private partnership led by the University of Texas at San Antonio. George Mason University and Virginia Commonwealth University will also participate in the institute. CyManII will enter into a five-year agreement with the U.S. […]
Help wanted
Meat, coffee creamer, frozen fruits and chocolate. These commodities represent some of the bread and butter business lines, literally, of Devon Anders’ mega storage and supply chain logistics company, which is based in Mount Crawford and has other state locations. The success of InterChange Group Inc. rises and falls on the health of the Shenandoah […]
Construction begins on $25.5M Danville manufacturing center
The Institute for Advanced Learning and Research (IALR) announced Tuesday it has broken ground on a $25.5 million, 51,250-square-foot manufacturing center on its Danville campus. The Center for Manufacturing Advancement (CMA) will offer space for manufacturing companies establishing or expanding their presence in Southern Virginia. The project is funded by the commonwealth of Virginia and [&hellip[...]
Va. Beach packaging manufacturer acquires Utah company
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC announced Thursday it has acquired Orem, Utah-based Kala Packaging. Financial terms of the transaction were not disclosed. “With its fleet of digital presses and top-tier flexographic printing technology, Maui Chai and the Kala team have established a national presence in the quick-turn labels and flexible packaging m[...]
FDA authorizes sale of Altria’s IQOS 3 device
The third generation of Altria Group Inc.’s IQOS tobacco heating system device has been authorized for sale in the United States by the U.S. Food and Drug Administration, the Henrico County-based company announced Monday. After receiving an application from Philip Morris International, the FDA ruled that IQOS 3 can be sold to adults in the […]
Auto component supplier announces $4.6M Strasburg expansion
Automotive components and systems supplier International Automotive Components Group (IAC Group) will invest $4.6 million to expand its Strasburg operations and add auto component lines and products to its existing facility, creating 47 jobs, Gov. Ralph Northam announced Monday. Headquartered in Luxembourg, IAC Group is a supplier of instrument panels, console systems, door panels, headliners [&he[...]
Volvo electric trucks to be produced at NRV plant in early 2021
Volvo Trucks North America’s plant in Pulaski County will manufacture its new battery-powered VNR Electric truck model starting early next year, the company announced Thursday. The largest Volvo truck plant in the world, the Dublin facility currently employs close to 3,000 people and builds heavy-duty trucks of multiple models. The Volvo Class 8 VNR Electric […]
Va. Coalfield Economic Development Authority establishes $1M Renewable Energy Fund
The Virginia Coalfield Economic Development Authority (VCEDA) announced Thursday it has established a $1 million Renewable Energy Fund from coal tax credit funds. “With the establishment of the Renewable Energy Fund, VCEDA is poised to readily assist in the development of renewable energy projects, which will add new jobs and investment to the region and […]
