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NEWS
$10.29 Million Investment to Expand Production Facility Announced
March 22, 2019

Scholle IPN Packaging, Inc., an innovative manufacturer of sustainable packaging solutions, has announced that the firm will invest $10.29 million to expand its production facility in Smyth County, Virginia.

Headquartered in Illinois with operations in 14 countries with over 2,000 employees worldwide, Scholle IPN is one of the world’s largest and most innovative packaging manufacturers; providing sustainable packaging solutions for the food and beverage, agriculture, automotive, cleaning, personal care, and pharmaceutical sectors. The company is committed to making products safe and accessible while minimizing waste and extending shelf life.

“This a key milestone in Scholle IPN’s long-range plan for our North American business,” stated Kent Kisselle, Vice President and General Manager of Scholle IPN’s North America region. “Our decision to expand in Chilhowie was necessitated by our continued growth in core flexible packaging markets along with the need to support our long-term strategic objectives. These initiatives include the development and application of a broad range of technologies to our business, and training our people in using these tools. Southwest Virginia is a strong fit in terms of high-quality labor availability and runway for additional investment, led by a solid leadership group ready to execute our strategic initiatives. I look forward to seeing the new Chilhowie plant footprint take shape in the coming months and welcoming our new team members as we prepare for an exciting 2020 and beyond.”

According to a statement released by Governor Ralph S. Northam’s office, “Scholle IPN has a history of success in Southwest Virginia, and the company’s decision to expand operations in Smyth County is a strong testament to the region’s dedicated workforce and industry-leading training programs,” said Governor Northam. “With more than 240,000 Virginians employed in the manufacturing industry, this sector remains the backbone of many communities throughout our Commonwealth. We are proud to support Scholle IPN as the company evolves its technology and continues to grow.”

The Virginia Economic Development Partnership worked with Smyth County, the Virginia Industrial Advancement Alliance, the Virginia Tobacco Region Revitalization Commission, and the Virginia Port Authority to secure the project for Virginia. Governor Northam approved a $125,000 grant from the Commonwealth’s Opportunity Fund to assist Smyth County with the project. The Tobacco Region Revitalization Commission approved $195,000 in Tobacco Region Opportunity Funds. Scholle IPN will be eligible to receive Sales and Use Tax exemptions on manufacturing equipment, as well as benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program. The company also qualifies for state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.


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