Intertape Polymer Group Inc., a Canada-based packaging products and systems company, will expand its manufacturing operation in Pittsylvania County, Virginia. The company plans to invest roughly $45 million over the next four years.
The company will add 30,000 square feet to its facility at 1101 Eagle Springs Road, increasing production for its e-retail packaging, coatings, and films.
“Today represents another exciting milestone for our Danville-Pittsylvania County operations located in the Ringgold Industrial Park,” said Dave Bennett, Vice President of Operations for IPG. “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 assets and processes involved in this expansion include growth in both new and existing businesses for IPG. We are excited to begin our four-year journey and to continue collaborating with our state and local partners to deliver these projects and jobs to our community.”
The Virginia Economic Development Partnership worked with Pittsylvania County and the Southern Virginia Regional Alliance to secure the project for Virginia. Governor Northam approved a $150,000 grant from the Commonwealth’s Opportunity Fund to assist Pittsylvania County with the project.
Governor Ralph Northam also approved a performance-based grant of $300,000 from the Virginia Investment Performance program, an incentive that encourages capital investment by existing Virginia companies.
In addition, Intertape Polymer Group is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. IPG is also eligible to receive benefits from the Major Business Facility Job Tax Credit for new, full-time jobs created. Funding and services to support IPG’s employee training activities will be provided through the Virginia Jobs Investment Program.
“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,” said Governor Ralph Northam. “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.”
Headquartered in Montreal, Québec, and Sarasota, Florida, IPG employs approximately 3,500 with operations in 31 locations, including 21 manufacturing facilities in North America, four in Asia, and one in Europe. IPG currently employs over 300 Virginians at its 45-acre operation in Pittsylvania County.
“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,” said Secretary of Commerce and Trade Brian Ball. “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.”