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

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search