Klöckner Pentaplast Group is a company based in Germany that focuses on products made from recycled material. Recently, they announced that they will soon be expanding two of their facilities in Virginia. One is in Louisa County, and the other is in Wythe County. In order to cover the cost of expenses, they are investing a total of $68 million altogether. These new expansions will also create 54 new jobs total. So this will be good news for the citizens of Louisa and Wythe Counties.
From Area Development Magazine:
“We are proud Klöckner Pentaplast will expand operations in Louisa County and Wythe County, […] creating more than 50 high-quality jobs. […]
“Klöckner Pentaplast’s decision to deepen its roots in the Commonwealth underscores the importance of having strong infrastructure and a ready workforce to support the advanced manufacturing industry. […] We are proud to continue a decades-long partnership with an innovative global manufacturer like kp[. W]e thank the company for its major investment, which will have a positive impact in Louisa and Wythe Counties and bolster Virginia’s ongoing recovery efforts.” […]
“The Joint Industrial Development Authority of Wythe County is pleased to [support] this substantial project for the people of Wythe County. […] Klöckner Pentaplast’s growth and investment in Rural Retreat is a vote of confidence in our community and the strong workforce we offer.”AREA DEVELOPMENT MAGAZINE
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