54 New Jobs Coming to Louisa County and Wythe County
Klöckner Pentaplast to Expand Current Facilities
Governor Northam announced today that Klöckner Pentaplast Group will expand its operations in Louisa County and Wythe County. The two projects will create 54 new jobs and include $68 million in capital investment. 28 jobs will be created at the Louisa County facility with 26 added in Wythe County. The Tobacco Region Revitalization Commission is supporting this project with a $125,000 Tobacco Region Opportunity Fund Grant.
Tobacco Commission Chairman, Delegate Terry Kilgore said, “Klöckner Pentaplast has been a part of our Virginia business community for decades and it is great to see them expand their operation in the Commonwealth. The jobs created by this expansion will be a big help to our rural communities as we recover from this pandemic and I am proud that the Tobacco Commission chose to support this expansion.”
Tobacco Commission member, Secretary of Commerce and Trade Brian Ball added, “We are proud Klöckner Pentaplast will expand operations in Louisa County and Wythe County, growing its corporate footprint in the Commonwealth and creating more than 50 high-quality jobs.This company is at the forefront of the packaging industry, and a manufacturer of kp’s caliber will continue to bolster this thriving sector in Virginia.”
Klöckner Pentaplast Group is a global leader in rigid and flexible packaging and specialty film solutions, serving the pharmaceutical, medical device, food, beverage, and card markets, among others. With a broad portfolio of packaging and product films and services, Klöckner Pentaplast plays an integral role in the customer value chain by safeguarding product integrity, assuring safety and consumer health, improving sustainability, and protecting brand reputation. Founded in 1965 in Montabaur, Germany, Klöckner Pentaplast has operations in 18 countries and employs over 5,900 people committed to serving customers worldwide in over 60 locations, including 32 production sites. The company established its first North American production facility in 1979 in Gordonsville, Virginia.
President of the Klöckner Pentaplast Group Pharma, Health and Specialties Division, Tracey Peacock said, “For kp, the investment strengthens our local footprint in Virginia, which has served as the company’s proud home and a mainstay in the community for several decades. Virginia is the ideal location to expand our facilities due to its proximity to customers, allowing us to conveniently serve them and to position the Gordonsville and Rural Retreat sites as Centers of Excellence for the company. This expansion will provide new capacity for both heat shrink sleeve films and our post-consumer recycled PET line, which we previously announced to serve our sustainable consumer and food packaging customer base. The new PET heat shrink sleeve film production line is expected to be fully operational in the third quarter of 2022.”
The Tobacco Commission is committed to developing a diverse economy in the regions we serve. Supporting successful local businesses, like Klöckner Pentaplast, as they seek to expanding is a vital part of that effort especially in the uncertainty of the current business climate.
Contact: Jordan Butler
Telephone: 804-786-7692
Cell: 757-692-0878
Email: jbutler@revitalizeva.org
Website: www.revitalizeva.org
FOR IMMEDIATE RELEASE
11/17/2020