Victaulic Expands Lawrenceville, Pennsylvania, Foundry Operations
07/03/2024
The investment will include the construction of a 150,000-square-foot addition to the company's existing foundry to accommodate new molding lines, melt furnaces, core machines, and automated finishing and paint equipment to help produce larger scale products.
“This expansion underscores our unwavering commitment to creating family-sustaining jobs that positively impact our community,” said Rick Bucher, President and Chief Executive Officer of Victaulic. “The expansion will also bolster our manufacturing infrastructure, ensuring Victaulic remains the industry leader in producing high-quality, innovative solutions for the construction industry and our North American customers. Additionally, the capital investment demonstrates our commitment to sustainable growth by incorporating production efficiency using the cleanest modern melting technology available. Victaulic takes pride in the fact that our solutions are manufactured using 100% recycled steel and are infinitely reconfigurable.”
Victaulic received a funding proposal from the Pennsylvania Department of Community and Economic Development (DCED) for a $1.07 million Pennsylvania First Program grant and up to a $428,000 Workforce and Development Network grant to train workers.
“Since day one, the Shapiro Administration has been laser focused on attracting new companies and supporting existing Pennsylvania businesses like Victaulic,” noted DCED Secretary Rick Siger. “We’re thrilled to support this project that will create 214 new jobs in Tioga County and inject at least $100 million into Pennsylvania’s economy.”
Victaulic is a developer and manufacturer of mechanical pipe joining systems, and the originator of the grooved pipe couplings joining system. The company currently operates 15 manufacturing facilities globally.
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