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NEWS
Klöckner Pentaplast Announces Expansion of Louisa Production Facility
January 21, 2019

Klöckner Pentaplast, a global leader in rigid and flexible packaging, printing, and specialty solutions, serving the pharmaceutical, medical device, food, beverage, and card markets, among others, has announced that the firm will invest $25 million to expand its global production capacity for pharmaceutical and medical device packaging films at its manufacturing facility in Louisa County.

With a broad portfolio of packaging, films, and services powered by innovation, Klöckner Pentaplast plays an integral role in the customer value chain by marketing and safeguarding product integrity, safety, consumer health, and protecting brand reputation. Founded in 1965 in Montabaur, Germany, Klöckner Pentaplast has operations in 18 countries and employs over 6,300 people committed to 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.

“We are pleased with the support from Governor Northam and appreciate the partnership with the Commonwealth and Louisa County,” said Tracey Peacock, President of the Pharma & Medical Device Division at Klöckner Pentaplast. “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.”

“Klöckner Pentaplast is a valued major employer with more than 700 employees and a long history of reinvesting in Louisa County,” said Governor Ralph S. Northam. “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 Virginia Economic Development Partnership worked with Louisa County to secure the project for Virginia. Governor Northam approved a $300,000 performance-based grant from the Virginia Investment Performance (VIP) program, an incentive that encourages capital investment by existing Virginia companies. Klöckner Pentaplast is also eligible to receive Sales and Use tax exemptions on manufacturing equipment.


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