Hapco Pole Products, a manufacturer of aluminum poles, will invest over $6 million to expand its operation in Washington County, VA. The company will build a 60,000-square-foot, state-of-the-art manufacturing facility adjacent to its current manufacturing campus. The project will create 28 new jobs.
“Our investment in this new facility reflects the strength of our business and our commitment to Abingdon, VA,” said Fred Vermeer, President and CEO of Hapco. “With almost 55 years in the same location, Hapco has maintained a significant manufacturing presence in our industry, and we look forward to building on that legacy through this important increase of our manufacturing capabilities. With this growth, our skilled workforce will continue to vigorously pursue Hapco’s original commitment of ‘the highest quality’ in the pole products industry.”
Hapco was acquired by its current owner Dyson-Kissner-Moran (DKM) in 1958, and the facility was moved to its present-day location in Abingdon, VA in 1962.
“Hapco Pole Products has long been a valuable corporate steward in Washington County, and the addition of a 60,000-square-foot manufacturing facility to its campus reinforces the company’s commitment to the region and to Virginia,” said Secretary of Commerce and Trade Todd Haymore. “With more than 240,000 Virginians employed in manufacturing, Hapco will continue to benefit from a skilled workforce and tailored training programs to support this thriving industry. We’re proud to have Hapco on the Commonwealth’s corporate roster, and look forward to the next 50 years.”
The Virginia Economic Development Partnership worked with Washington County to secure the project, and will support Hapco’s new job creation through its Virginia Jobs Investment Program (VJIP). The state-funded VJIP provides consultative services and funding to companies creating new jobs or experiencing technological change to support employee training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies.
“Hapco Pole Products has maintained its strong reputation in Washington County for more than 50 years, and the company’s continued growth is a great example of what can be accomplished in the Commonwealth,” said Governor Terry McAuliffe. “Hapco’s decision to reinvest and expand production capacity is another chapter in its success story in Southwest Virginia, and we thank the company for creating new 21st century jobs. Supporting existing businesses of all sizes and growing the manufacturing industry are both key components of our ongoing mission to diversify and build the new Virginia economy, and today’s announcement is another step forward.”
In addition, the Virginia Tobacco Region Revitalization Commission approved $95,000 in Tobacco Region Opportunity Funds.
“The announced expansion of Hapco Pole Products is welcome news for Washington County,” said Virginia Tobacco Region Revitalization Commission member and Senator Bill Carrico. “For more than five decades, Hapco has been creating jobs for Southwest Virginians, and this expansion will allow them to create more. I applaud the Tobacco Commission’s decision to award these funds for a project that will result in more than $6 million in capital investment, 28 new jobs and more square footage for Hapco facilities. This is a great victory for Hapco, the Tobacco Commission, and all of Southwest Virginia.”
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