Virginia attracted two plastics companies to industrial parks in the Danville area this month: One company is crossing the pond to open its first US facility; the other is moving from Michigan.
MEP Ltd. based in Ayelsford, England, manufactures plastic and metal components for the defense and aerospace industries. The company, which will be known in the US as Making Everything Possible LLC, plans to launch its North American presence with an investment of $ 6.4 million – double its annual revenue.
The new company will create 45 jobs, officials said in a June 7 press release. The company carries out injection molding, compression and transfer molding processes as well as hand lamination of composite materials and computer-numerically controlled and manual processing. It also offers grinding, turning and milling services.
The facility will be built in the Danville-Pittsylvania County Cyber Park. Officials did not provide any information about how large the facility will be or when it will be ready, but by then the company will be operating in an area of approximately 5,500 square feet at the Institute for Advanced Learning and Research.
Phil Hart, CEO of MEP Ltd. and President of Making Everything Possible LLC, said in the press release that the institute “is a special draw for us” as it encourages the development of STEM (science, technology, engineering and math) skills.
The MEP project is funded from a variety of sources. The Commonwealth Opportunity Fund will provide a $ 135,000 grant to support Danville and Pittsylvania Counties. The Virginia Tobacco Region Revitalization Commission approved $ 270,000, the Virginia Jobs Investment Program will provide funding and services to support job creation, and the company is eligible for benefits from the Virginia Enterprise Zone Program.