Lohmann Specialty Coatings Investing $6.7M In Virginia

The adhesive bonding material maker will expand its manufacturing operations in Orange County, VA creating 56 new jobs.


https://businessfacilities.com/2016/05/lohmann-specialty-coatings-investing-6-7m-in-virginia/
The adhesive bonding material maker will expand its manufacturing operations in Orange County, VA creating 56 new jobs.
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Lohmann Specialty Coatings Investing $6.7M In Virginia

Lohmann Specialty Coatings Investing $6.7M In Virginia

Lohmann Specialty Coatings LLC will invest $6.7 million to expand its manufacturing operation in Orange County, VA. The company, a subsidiary of Lohmann Corporation and Subsidiaries, manufactures adhesive bonding materials for custom coating of adhesives, slit rolls, double-sided tapes, and precision die-cutting.

Lohmann Specialty Coatings LLC
An artist’s rendering of the $6.7 million building Lohmann Specialty Coatings will build to expand its manufacturing operations in Orange County, VA.

The expansion will increase capacity to include fabricating and specialty converting, creating 56 new jobs. Virginia successfully competed against Kentucky and West Virginia for the project. Lohmann’s products are used in electronic devices, construction, alternative energy, medical, and automotive sectors, and the company’s customer list includes clients such as Abbott, BMW and Bosch Siemens.

“As part of Lohmann’s global 2020 Strategy initiative, it was decided to expand our global presence in the automotive market to support the growth of our European Tier 1 & 2 suppliers in the North American region,” said Steven J. De Jong, President, Lohmann Corporation and Subsidiaries. “Lohmann understood that this initiative would require significant investments in both infrastructure and personnel to successfully accomplish. With a long-term vision regarding the successful return on our investment, Lohmann began an exhaustive search as to where to expand its operations. It was quickly decided that our existing Orange, Virginia, facility was the ideal location for our new investment. Together, Virginia and Lohmann have enjoyed a growing, successful relationship built on trust and transparency that we felt was the building blocks for a long future together.”

Lohmann Specialty Coatings LLC
Orange County Board of Supervisors Chairman Lee Frame and Gov. Terry McAuliffe present a grant from the Governor’s Opportunity Fund. (Credit: Vincent Vala/Star-Exponent)

The Virginia Economic Development Partnership worked with Orange County and the Central Virginia Partnership for Economic Development to secure the project for Virginia. Governor Terry McAuliffe approved an $85,000 grant from the Commonwealth’s Opportunity Fund to assist the County with the project. The company will be eligible to receive sales and use tax exemptions on manufacturing equipment. Funding and services to support the company’s employee training activities will also be provided through the Virginia Jobs Investment Program.

“I am thrilled that Lohmann Specialty Coatings will expand manufacturing capacity and add new jobs to its workforce,” said Gov. McAuliffe. “Lohmann has been a worldwide pioneer in the adhesive industry since 1938, and we are proud that the company’s operation in Orange County has thrived since 2004. Advanced manufacturing is clearly alive and well in the Commonwealth, and growing this sector is a vital part of our ongoing success in building a new Virginia economy.”

Relocating or Expanding Your Business In Virginia

Considering Virginia for your company’s relocation or expansion project? Check out Business Facilities’ Virginia Incentives and Workforce Development Guide.

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