Klöckner Pentaplast has made a decision to expand manufacturing capacity of its Pharma & Medical Device Division at the facility located in Gordonsville, Virginia. Opened in 1976, this plant became the company's first production site in the USA.
The USD 25 million long-range investment project will increase the throughput of the plant as well as introduce new technologies, focusing on coating and laminating processes, essential for fabrication of packaging films, mainly used for the protection of medical devices and pharmaceuticals.
The state authorities are very enthusiastic about the expansion, supporting it with a $300,000 grant as well as future tax exemptions, as it will create 34 new jobs while strengthening Virginia's position as a business-friendly location.
The renewed facility is expected to become fully operational in 2020. This project goes in line with Klöckner Pentaplast's global expansion efforts.
About the company
Klöckner Pentaplast is a reputed company in the production of rigid plastic film solutions for primary packaging of pharmaceuticals, food, electronics, medical devices and consumer, as well as printing and specialty applications.
With the emergence of the plastics industry in the 1960s, Klöckner Pentaplast was founded in 1965. KP has grown from its initial facility in Montabaur, Germany, to current operations in 18 countries with 32 production sites. The company employs more than 6,300 people worldwide.
