"Their decision to build here is a true testament to the partnership between Klöckner Pentaplast and the state of Virginia," Virginia Economic Development spokesperson Jill Lawrence tells GlobeSt.com. The company, which is the biggest producer of rigid films in the Americas, has been in Virginia for a quarter century. "Over the years, several of our governors have met with Klöckner officials overseas. It's an ongoing relationship."
In June, the company completed an addition of 26,000 sf to its existing facility at a cost of $5 million. The latest supplemental development is expected to be up and running in October of 2003.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.