Italy-Based Gruppo Fanti Plans First U.S. Manufacturing Plant in Weirton, West Virginia
11/19/2020
“Fanti USA will be the largest expansion in the history of the Fanti Group,” said Nicola De Santis, CFO, M&A, Business Development, Board Member of Fanti Group. “In West Virginia, we found the right place to expand. We studied the market, the supply chain, and the potential locations intensively. We traveled extensively before the COVID limitations and met a lot of people across the United States. Here in West Virginia we plan to initially create 20 jobs and to grow to 40-50 jobs after 3-4 years. One of the main reasons we have chosen West Virginia is because of the great support from the Governor’s Office and the West Virginia Development Office. Their great assistance to develop our project made our decision easy.”
“I love when we have firsts in West Virginia, and I’m really proud that Fanti Group has chosen to make West Virginia the home of their first manufacturing plant in America,” Governor Jim Justice said. “Thank you so much, from the bottom of our hearts, from all of us in West Virginia. This is so meaningful to our state. We want you to make this your home in the United States and we want to be able to grow with you and help you in every way we possibly can.”
Fanti Group is an Italian industrial group, founded in 1948, specializing in packaging, owned by the Fanti family. The group has an aggregate revenue of 120 million euro, operates several plants in Italy along with several production and commercial entities in Europe, Russia, and Africa that manufacture more than 100 million metal cans every year.
“West Virginia, and particularly the Northern Panhandle, is noted for its industrial background, cooperative spirit, and dedication to get things done. Gruppo Fanti’s decision to locate their new plant in Weirton is the result of those traits,” said Marvin Six, executive director of the Business Development Corporation of the Northern Panhandle. “We worked closely with the West Virginia Development Office, State Auditor’s office, and the Brooke County Commission over the last eight months to demonstrate our strengths. Gruppo Fanti’s investment in our area illustrates the confidence international companies have locating their plants here.”
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