Packaging manufacturer to launch $45M expansion in Pittsylvania County
Intertape Polymer Group Inc. plans to add 50 jobs over next four years
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 capacity.
“Intertape Polymer Group has a long and successful history in Pittsylvania County, and we are thrilled to see the company continue to thrive in our commonwealth,” Northam said in a statement. “This significant investment and the creation of high-quality jobs is a win for our diverse advanced manufacturing industry and represents an important step forward in our efforts to ensure Virginia has a sustainable economic recovery.”
IPG is headquartered in Montreal, Quebec, and Sarasota, Florida, and employs approximately 3,500 people with operations in 31 locations. The company currently employs more than 300 Virginians at its Pittsylvania County operation. Virginia competed with Colorado, North Carolina and Utah for the project.
“Today represents another exciting milestone for our Danville-Pittsylvania County operations located in the Ringgold Industrial Park,” IPG Vice President of Operations Dave Bennett said in a statement. “Our flagship operation’s continued achievements in manufacturing excellence have been driven by a highly skilled and engaged workforce, and this certainly was an important factor in our decision to expand here.”
The Virginia Economic Development Partnership worked with Pittsylvania County and the Southern Virginia Regional Alliance to secure the project for Virginia, and Northam approved a $150,000 Commonwealth Opportunity Fund grant to help Pittsylvania County with the project. Northam also approved a $300,000 Virginia Investment Performance program grant, a performance-based incentive that encourages investment by existing Virginia companies.
IPG can receive Virginia Enterprise Zone Program and Major Business Facility Tax Credit Benefits. The Virginia Jobs Investment Program will provide employee training.
“IPG’s continued expansion and investments in its Pittsylvania County operation over the last three decades demonstrate the strength of Southern Virginia’s business-friendly climate and manufacturing talent pipeline,” Secretary of Commerce and Trade Brian Ball said in a statement. “Securing a competitive expansion project of this caliber says a great deal about the region’s top-notch workforce, competitive operating costs, and strategic location, and we look forward to IPG’s growth and continued success in Virginia.”