Hollingsworth & Vose Expands Floyd County, Virginia, Manufacturing Plant
The company will add over 28,000-square-feet to its facility at 365 Christiansburg Pike Northeast to accommodate new production equipment to meet increased demand.
“We’ve been a part of the Floyd, Virginia community since 1976. This facility is essential to serving both our global and domestic customers,” said Josh Ayer, CEO of H&V. “We chose Virginia for this expansion because of its positive business environment and strong support from the Commonwealth of Virginia and Floyd County.”
The Virginia Economic Development Partnership (VEDP) worked with Floyd County to secure the project for Virginia. Governor Youngkin approved a $558,700 grant from the Commonwealth’s Opportunity Fund to assist Floyd County with the project.
“Hollingsworth & Vose has played a role in the success of Virginia’s advanced materials industry over the past 46 years, and we are thrilled to support this important corporate partner’s expansion in Floyd County,” noted Secretary of Commerce and Trade Caren Merrick. “The company’s continued investment is a strong testament to the New River Valley’s strategic location and business-friendly environment, and we thank H&V for creating high-quality jobs in Floyd County.”
East Walpole, Massachusetts-based Hollingsworth & Vose Company is a global manufacturer of nonwoven materials and engineered papers used in filtration, energy, and industrial applications.
2023 Top States for Doing Business Meet the Needs of Site Selectors
2022 Top States for Doing Business Provide an Environment for Business Growth
Why the Southeast Is Winning EV Projects, With More on the Way
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
Power-Intensive Site Selection
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers