Virginia Governor Ralph Northam announced Thursday that Polycap LLC will invest invest $7.7 million to build their first U.S. manufacturing facility in Russell County Virginia. The facility will be 76,000 square feet and will be located in Lebanon. This will bring 48 new jobs to the county.
“We thank Toronto-based Polycap for choosing to locate its first U.S. manufacturing facility and future North American headquarters in the Russell County shell building, which was constructed in 2015 to attract companies seeking an infrastructure-ready facility,” said Governor Northam. “Growing the Southwest Virginia economy and making Virginia’s rural communities more competitive is a top priority for my administration, and we are pleased that this significant project will bring a new corporate partner and critical jobs to the region.”
Polycap is a leading manufacturer of specialty caps and closures for plastic packaging servicing personal care and home product, food and beverage container, medical device, and pharmaceutical product industries. Their headquarters are located in Toronto, Canada