TemperPack, a manufacturer of sustainable packaging technology for perishable goods, will invest $2 million to expand its headquarters and manufacturing operation in Richmond, Virginia. The company plans to create 23 new jobs.
The company will purchase production equipment that boosts capacity and creates innovative products for new markets. TemperPack expects to double its employee count within two years. New employees will be trained to operate the new production machinery through the Virginia Jobs Investment Program.
According to state officials founded in 2015, the company’s mission is to build revolutionary insulation products that help companies increase their cold-chain shipments while reducing their overall impact on the environment.
“We take pride in re-engineering recycled, natural materials into innovative, powerful packaging that keeps food and pharma products fresh during transport, nationally and globally,” said TemperPack co-Founder Charles Vincent.
“Our mission is to help companies deliver more to consumers while wasting less. There’s no better place than Richmond to achieve this – great employee talent, a rich tradition of high quality manufacturing, incredibly supportive government and close proximity to major highways that make distribution easy,” said TemperPack co-Founder Brian Powers.
The Virginia Economic Development Partnership will support TemperPack’s new job creation through the Virginia Jobs Investment Program. In addition, TemperPack has worked with VEDP’s international trade division to explore international markets.
“We celebrate TemperPack’s expansion in Richmond and the growth of an innovative Virginia company as part of our efforts to diversify and build the new Virginia economy,” said Governor Terry McAuliffe. “Their dynamic, affordable product will help companies create less packaging waste, which is a critical issue facing businesses and the environment today with the surge of e-commerce. This young company highlights what entrepreneurs can accomplish in the Commonwealth, while also making a difference in global sustainability.”
“Virginia is proud to have such a revolutionary company on its corporate headquarters roster,” said Secretary of Commerce and Trade Todd Haymore. “More than 160 packaging companies employ over 14,000 people in Virginia’s $7.3 billion packaging industry, so the company is in a prime location to excel. TemperPack has tapped into the growing packaging market at the right time, and we are confident they will continue to be a huge asset and partner to consumer products companies across the nation.”