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Northam announces new paper plant, 50 new jobs in Botetourt Co.

MGN
MGN(KKTV)
Published: Feb. 26, 2019 at 2:43 PM EST
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Virginia Gov. Ralph Northam has announced that a new manufacturing plant will make its home in Botetourt County, investing $20 million and adding 50 new jobs.

Northam announced Tuesday that Pratt Industries, Inc., the world’s largest privately held, 100 percent recycled paper and packaging company, will invest more than $20 million to establish a new paper packaging and shipping materials manufacturing operation in the Botetourt County Shell Building.

According to a release from Northam's office, the facility will be Pratt’s second manufacturing operation in Virginia and will allow the company to increase market share and grow sales of its paper-based packaging and shipping materials within Virginia and the surrounding states. Virginia successfully competed with multiple states for the project, which will create 50 new jobs.

“Pratt Industries’ decision to locate a new manufacturing operation at the Botetourt Center at Greenfield is an important win for the Roanoke region and the Commonwealth, and underscores the advantage of having infrastructure in place that accelerates the timeline to production,” Northam said in the release. “We are proud to partner with an innovative, global manufacturer like Pratt Industries that shares Virginia’s commitment to environmental stewardship and sustainability. This major investment that will have strong positive impact on the regional economy and help advance Virginia’s thriving manufacturing industry.”

Since its founding almost 30 years ago, Pratt Industries, Inc. has grown to become the fifth-largest corrugated packaging company in the United States with sophisticated manufacturing facilities in over 27 states. The company’s more than 8,000 employees service a variety of industries with packaging and recycling needs while maintaining a commitment to the environment and sustainability. Pratt Industries’ products are primarily made from post-consumer recycled materials.

“Pratt Industries is excited to expand in Virginia,” Chief Operating Officer of Pratt Industries David Dennis said in the release. “We are grateful to the Roanoke Regional Partnership, Botetourt County, and VEDP for their efforts to bring Pratt to Botetourt County.”