Plastics Maker Plans to Reopen Plant in Pulaski County and Create 35 New Jobs | Business premises
A plastics manufacturer plans to return to Pulaski County, revive a facility that was closed in 2016 and create 35 new jobs in the process.
Xaloy, a manufacturer of plastic processing components for injection molding and extrusion machines, plans to invest $ 1.75 million to reopen its 100,000-square-foot facility on Xaloy Way in Pulaski City, according to an announcement from Governor Ralph Northam’s office on Thursday.
According to a press release, the new facility will manufacture bimetallic cylinders for a range of applications in the plastics processing industry. Work is being relocated from Ohio, which took over much of the work at the Pulaski County plant in 2016 when the local plant closed.
Virginia competed to bring these jobs back, officials said. The shift will save seven jobs and create another 35 new jobs.
Xaloy plans to reinstate a number of previous employees who already know their processes and machines. Almost all of the initial 20 employees at the reopened facility will be former Pulaski Xaloy workers. The company plans to expand this as it grows its presence in the markets served by the facility.
Heads of state hailed Thursday’s announcement as evidence of the state’s strong workforce.
“Our workforce is one of the primary reasons Virginia is America’s Top State for Business, and the return of Xaloy is positive evidence that our pipeline of skilled talent is unmatched,” Northam said in a statement. “Reclaiming this important Pulaski employer has been a priority, and securing this important project shows the value of working together to fuel economic opportunities and forge long-term corporate partnerships.”