Dominion Packaging Invests $45 Million To Establish Manufacturing Center In Henrico County, Virginia
10/29/2013
"As we sought out the ideal location for our second operation, we determined that the location next to the airport would provide a strategic base to support our local customers as well as provide excellent options for the transport of raw materials and finished goods to the east coast and mid-west," said Brett Hawkins, the firm’s President and CEO.
"With the Port of Richmond located a few miles south of the plant, this allows us to import raw materials from all over the world as we continue to develop packaging solutions driven by innovation and the competitive cost of our primary materials. Our partnership with the Henrico County Economic Development Authority and the Virginia Department of Business Assistance will enable Dominion to reach our business plans for the new plant but also assure future growth to support our local economy. Dominion is very grateful for our employees, customers, and the local and state government to assist in our success,” Hawkins added.
Gov. Bob McDonnell said, "This major investment from a thriving Virginia company will enable Dominion Packaging to increase its presence and manufacturing capacity, and upgrade equipment to the latest state-of-the-art technologies available in the industry. The company continues to grow, and this expansion will allow Dominion to maintain a competitive position in its selected markets, and ensure long-term viability in the Commonwealth for years to come."
"We commend Dominion Packaging on continued success in Virginia, as evidenced by this significant expansion to Henrico County," said Jim Cheng, Virginia Secretary of Commerce and Trade. "Dominion is an award-winning company that supplies packaging solutions to major customers and household names, and will build on its reputation of quality and excellence with an upgrade to the latest equipment available. We thank the company for this investment and the creation of more than 100 new jobs for Virginians."
The Virginia Economic Development Partnership worked with the Henrico County Economic Development Authority to secure the project for Virginia. Governor McDonnell approved a $300,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing Virginia companies. The company is also eligible to receive a Major Business Facility Job Tax Credit. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company's recruitment and training activities.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024