Governor Ralph Northam revealed that Klöckner Pentaplast will invest $25 million to expand its global production capacity for pharmaceutical and medical device packaging films at its manufacturing facility in Louisa County. Virginia won the project competing with Ohio, which is expected to create approximately 34 new jobs.
Governor Northam, said, “Klöckner Pentaplast is a valued major employer with more than 700 employees and a long history of reinvesting in Louisa County. For over four decades, Klöckner Pentaplast has demonstrated a commitment to creating new jobs and opportunities for Virginians, and this significant investment further solidifies the company’s longevity in the Commonwealth.”
The Klöckner Pentaplast Group, founded in 1965 in Montabaur, Germany, a global leader in rigid and flexible packaging, printing, and specialty solutions, serves the pharmaceutical, medical device, food, beverage, and card markets, among others. The company has a broad portfolio of packaging, films, and services powered by innovation. Klöckner Pentaplast supports the customer value chain by marketing and safeguarding product integrity, safety, consumer health, and protecting brand reputation.
Klöckner Pentaplast has operations in 18 countries serving customers worldwide from 61 total locations, including 35 production sites. The company established its first North American production facility in 1979 in Gordonsville, Virginia.
Tracey Peacock, President of the Pharma & Medical Device Division at Klöckner Pentaplast, said, “We are pleased with the support from Governor Northam and appreciate the partnership with the Commonwealth and Louisa County. We are excited with the capacity expansion and technology improvements at our Gordonsville facility to service the North American market while supporting local jobs within our community. Our technology provides safety and protection for pharmaceuticals and medical devices, essential for the well-being and health of everyone.”