Toray Plastics (America) is set to invest around $45m to expand its Front Royal facility in Warren County, Virginia, US.
As part of the expansion, the firm will add extrusion capability and a new production line to the facility, helping to meet growing customer demand.
The project is expected to create around 30 new jobs in the region.
The Virginia Economic Development Partnership has worked with Warren County to secure the project for the region.
Toray Plastics (America) produces polyester, polypropylene, bio-based and metallized films for flexible and rigid packaging, lidding, graphic, industrial, optical, and electronic applications.
The company also produces polyolefin, polypropylene, and polyethylene foams for the automotive and flooring industries.
Virginia governor Terry McAuliffe said: “We are working aggressively to leverage Virginia’s world-class business environment and workforce to help more companies like Toray make the right decision to locate, grow and succeed here in Virginia.
“We are working aggressively to leverage Virginia’s world-class business environment and workforce to help more companies like Toray make the right decision to locate, grow and succeed here in Virginia.”
Toray Plastics (America) president and CEO Michael Brandmeier said: “We have had a long and successful relationship with the State of Virginia and to base this new expansion in Front Royal was the best, most logical choice.
“Our existing workforce is the backbone of our business, and we look forward to adding this new capacity and these 30 new jobs over the next several years.”
