By CULPEPER STAR-EXPONENT
An area plastic film manufacturer that’s a major local employer will invest $25 million to expand its facility in Gordonsville, according to a news release Wednesday from Gov. Ralph Northam.
Klöckner Pentaplast, located in Louisa County, will grow its global production capacity for pharmaceutical and medical device packaging films through the investment expected to create 34 new jobs.
Virginia successfully competed with Ohio for the project, according to the governor.
“Klöckner Pentaplast is a valued major employer with more than 700 employees and a long history of reinvesting in Louisa County,” Northam said in a statement. “For over four decades, Klöckner Pentaplast has demonstrated a commitment to creating new jobs and opportunities for Virginians, and this significant investment further solidifies the company’s longevity in the Commonwealth.”The state’s Virginia Investment Performance program will provide a $300,000 grant for the expansion and the company will also be eligible for sales and use tax exemptions on its manufacturing equipment.
Klöckner Pentaplast is a global leader in rigid and flexible packaging, printing, and specialty solutions, serving the pharmaceutical, medical device, food, beverage, and card markets, among others. Founded in 1965 in Montabaur, Germany, the company has operations in 18 countries and employs more than 6,300 people at 61 locations, including 35 production sites, according to the news release. Klöckner established its first North American production facility in 1979 just outside the town of Gordonsville.
“We are pleased with the support from Gov. Northam and appreciate the partnership with the Commonwealth and Louisa County,” said Tracey Peacock, President of the Pharma & Medical Device Division at Klöckner Pentaplast. “We are excited with the capacity expansion and technology improvements at our Gordonsville facility to service the North American market while supporting local jobs within our community.”
Plastics manufacturing companies represent one of Louisa County’s strongest industry sectors, said Louisa County Board Chairman Toni Williams, who said the county “
“Since locating in Louisa County in 1979, Klöckner has been an engaging community partner, and the Louisa County Board of Supervisors is proud to support their expansion efforts.”