Home / Knowledge / News / Textiles / Virginia Governor announces PGI expansion in Waynesboro
Virginia Governor announces PGI expansion in Waynesboro
06
Apr '10
Governor Bob McDonnell announced that Polymer Group Inc (PGI), one of the world's leading producers of nonwoven fabrics, plans to invest at least $65 million to expand its existing facility in the City of Waynesboro. The investment would include the purchase of high-technology equipment to establish a new manufacturing line and increase production, and the expansion of the current building in order to accommodate the new line. The project would also create 41 new jobs. Virginia successfully competed against North Carolina for the project.

"An investment of this magnitude and the creation of 41 new jobs is important for Waynesboro and important for the manufacturing sector in Virginia," said Governor McDonnell. "PGI has experienced success in the Commonwealth, and this planned expansion enables the company to increase both production and product capabilities with state-of-the-art new equipment. The project ensures that PGI will continue to build on its progress in Waynesboro."

Speaking about today's announcement, Lieutenant Governor Bill Bolling remarked, "Needless to say, we are delighted that PGI has decided to expand their operations in Waynesboro and Virginia. This expansion will result in a significant capital investment and create many new, high paying jobs in the Shenandoah Valley. I enjoyed working with PGI officials to help make this expansion a reality, and I applaud their recognition that Virginia is a great place to live, work and raise a family. Hopefully, this announcement will by the first of many more to come as we work to get our economy moving again and create the jobs we need to secure a more prosperous economic future for the people of Virginia."

PGI is a global, technology-driven developer, producer and marketer of engineered materials. With the broadest range of process technologies in the nonwoven fabrics industry, PGI is a global supplier to leading consumer and industrial product manufacturers. The company operates 15 manufacturing and converting facilities in nine countries throughout the world.

Veronica "Ronee" Hagen, Chief Executive Officer of PGI stated, "This planned expansion in product capability and capacity is part of PGI's ongoing strategy to provide superior solutions to the marketplace and meet our customers' needs. The efforts of the Virginia Economic Development Partnership and local Waynesboro officials to address and meet our unique needs through their combined incentive package have allowed us to make this planned expansion possible in Waynesboro."

The Virginia Economic Development Partnership worked with both the City of Waynesboro and the Shenandoah Valley Partnership to secure the project for Virginia. Delegate Steve Landes also assisted with the project. Governor McDonnell approved a $750,000 grant from the Governor's Opportunity Fund to assist Waynesboro with the project. Governor McDonnell also approved $750,000 in a performance-based grant from the Virginia Investment Partnership (VIP) program, an incentive available to existing Virginia companies. The Virginia Department of Business Assistance will provide new job training assistance through the Virginia Jobs Investment Program.

Waynesboro Mayor, Timothy D. Williams, noted his enthusiasm for the project and called the expansion a much needed boost for the Waynesboro economy. "I appreciate the cooperative effort on the part of representatives of PGI, the Commonwealth and the City of Waynesboro to land this expansion. Our community is proud of its manufacturing heritage and we believe that PGI will help us secure a healthy future in the manufacturing sector."

Commonwealth of Virginia - Office of the Lieutenant Governor


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X