Veronica Garabelli// February 10, 2016//
Polykon Manufacturing LLC announced Wednesday it will invest $60 million to establish a manufacturing operation in Henrico County. The project is expected to create approximatley 50 new jobs.
Polykon will manufacture ingredients for the cosmetic and pharmaceutical industries in Henrico‘s White Oak Technology Park.
The company is a joint venture between Seppic Inc. and Schülke Inc., entities of Air Liquide Healthcare, which has operations in Chesterfield and Prince William counties. Seppic and Schülke collectively employ more than 1,500 people worldwide.
Gov. Terry McAuliffe approved a $700,000 performance-based grant from the Virginia Investment Partnership program for the project. The company is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
Virginia competed against Ohio for the project. According to a news release issued by McAuliffe’s office, the governor met with company officials at the Seppic headquarters in Paris last summer during his European marketing mission.