McAllister Mills Inc., the leading manufacturer of safe, heat-resistant materials for the textile industry, will invest $1.05 million to expand and significantly increase its textile manufacturing operations in Grayson County, Virginia. The company will purchase and renovate a vacant 33,000-square-foot facility that will house new automation and equipment.
Headquartered in Independence, Virginia, McAllister Mills utilizes advanced fibers from alumina, silica, basalt, glass, aramids and biosoluble fibers, manufacturing textile products for almost any application. Its thermal solutions cover a full service temperature range from 0°F to 2500°F. Insulation blankets, fabrics, tapes, ropes, and custom fabricated parts are engineered for the most demanding thermal environment.
“Thirty-five years in Grayson County, McAllister Mills has successfully grown to be a world leader in thermal insulating and fire protection technologies and systems. This growth has been enabled by the strong work ethic and commitment of the employees of McAllister Mills, and we are poised to bring new technologies to the market with our upcoming expansion,” said Alec McAllister, President/Owner, McAllister Mills, Inc. “We would like to thank the Grayson County EDA, Governor McAuliffe, the VSBFA, the Town of Independence, as well as the Tobacco Commission, Virginia’s aCorridor and the Virginia Port Authority for their support.”
The Virginia Economic Development Partnership worked with Grayson County and Virginia’s aCorridor to secure the project for the Commonwealth. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $110,000 in Tobacco Region Opportunity Funds for the project. The Virginia Small Business Financing Authority also provided valuable assistance. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.
Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“The Virginia Small Business Financing Authority is proud to have been a key member of the Grayson County Economic Development team on this exciting project,” stated Scott Parson, Executive Director of the Virginia Small Business Financing Authority. “Thanks to the creative, forward thinking of Grayson County and its County Administrator, Mr. Jonathan Sweet, the VSBFA was brought in to provide strategic debt financing to help McAllister Mills remain in Grayson, and preserve and create new jobs important to the continued vitality of this region.”
Governor Terry McAuliffe said, “Grayson County continues its economic transformation with the expansion of McAllister Mills’ advanced textile manufacturing operation. The region has built a niche of businesses that are thriving in this sector, and this Virginia-grown company’s continued growth and success is great evidence of the Commonwealth’s top-rate business climate. New jobs in the manufacturing sector help us diversify and build the new Virginia economy, and we thank McAllister Mills for its investment.”
“McAllister Mills’ expansion furthers Grayson County’s rich tradition in the textile industry,” said Maurice Jones, Virginia Secretary of Commerce and Trade. “The success of Virginia’s existing businesses is a key driver of economic growth, and Grayson County’s superior workforce and great quality of life make it an attractive place for businesses to locate and expand. We are grateful to the County for its efforts.”