AdvanSix Expands Operations at Hopewell, Virginia, Plant
The facility is one of the world’s largest single-site producers of caprolactam and ammonium sulfate. Caprolactam is the building block for Nylon 6 resin, which is used in carpets, automotive components, food and industrial packaging and other products, and ammonium sulfate, which is a nitrogen fertilizer used by growers to increase crop yields.
“AdvanSix is committed to long-term, proactive citizenship in our communities. Since 2016 when AdvanSix was formed, we have created nearly 100 new technical and operations jobs at our Hopewell site,” said Fred Harry, Hopewell Plant Manager. “Our team is also excited about the robust pipeline of growth projects and investments at Hopewell that will increase efficiency and output at our facility, optimize quality for our customers and help us provide ongoing opportunity for local employees and partners.”
More than 750 people currently work at AdvanSix’s Hopewell facility, which has been operating since the 1920s.In connection with the company’s continued investment and recent job creation at the facility, the City of Hopewell and its Economic Development Authority granted certain property tax incentives to the company.
Hopewell’s Assistant City Manager Charles Dane said, “This significant investment and increased jobs are huge for our community. AdvanSix and its employees have been active members in the Hopewell community for decades, giving back through participation in a wide range of organizations. This project helps sustain a continued presence in Hopewell of this great corporate citizen. We look forward to the many benefits of this agreement for our local community.”
“This is an exciting win for the City of Hopewell and the Gateway Region. It is a true testament to Hopewell's ability to attract and retain high caliber companies,” said Keith Boswell, President & CEO of Virginia's Gateway Region. “Manufacturing, and specifically Chemical Manufacturing, is the heart of the region’s industry sector. Virginia's Gateway Region is proud to have AdvanSix on its corporate roster, and we look forward to their many years of continued growth.”
How are Uncertain Times Altering Company Location Strategies?
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
Infrastructure Investment as an Economic Stimulus Tool
34th Annual Corporate Survey & the 16th Annual Consultants Survey