Polycap LLC to invest $7.7 million to establish first U.S. manufacturing facility

RICHMOND—Governor Ralph Northam today announced that Polycap LLC, a Toronto-based manufacturer of specialty caps and closures for a number of vertical markets, will invest $7.7 million to establish its first U.S. manufacturing facility in the 76,000-square-foot Russell County shell building in Lebanon. Virginia successfully competed with Ohio and Toronto for the project, which will create 48 new jobs.  

The last few decades have solidified Virginia’s position as America’s hometown for corporate headquarters. In just the past 10 years, more than 500 companies have relocated to or expanded their headquarters offices in Virginia, attracted to its combination of diverse, world-class talent, exceptional quality of life, stable business climate, and competitive costs. 

Hear from thought leaders from inside and outside Virginia as we dive into content related to economic development, education, workforce, and other topics of interest to the business community.

Speyside Bourbon Stave Mill in Virginia, Inc. to expand manufacturing operation

RICHMOND—Governor Ralph Northam today announced that Speyside Bourbon Stave Mill in Virginia, Inc., a manufacturer of white oak staves and headers for bourbon barrels, will invest $114,000 to expand its manufacturing facility in Bath County. The company will add new equipment and a second shift to the operation, creating 45 new jobs.

Mike Grundmann leads a team of talent acquisition and instructional design professionals who develop and deliver highly customized recruitment and training solutions as an incentive for eligible companies to create new jobs in Virginia.

Preferred Freezer Services to establish new cold storage warehouse, creating 60 new jobs

RICHMOND - Governor Terry McAuliffe and Integer Holdings Corporation today announced that Integer™, known locally as Lake Region Medical, has invested more than $7 million to expand its manufacturing capabilities in the City of Salem. Over the past three years, Integer’s Salem site has experienced 10 percent year-over-year employment growth and this trajectory is expected to continue.

Flow Alkaline Spring Water to invest $15.5 million to establish first U.S. manufacturing facility

RICHMOND—Governor Ralph Northam today announced that Flow Alkaline Spring Water, an Ontario-based provider of naturally alkaline spring water, will invest $15.5 million to establish its first U.S. spring water manufacturing facility in Augusta County. Virginia successfully competed with New Hampshire and Wisconsin for the project, which will create 51 new jobs. 

Merck & Co., Inc. to expand Elkton manufacturing facility, creating about 100 new jobs