Plastics and Advanced Material

Plastics Companies in the VIAA Region (within 100-mile radius)

Company Name Location NAICS Description Employees
Sonoco Display & Packaging, LLC Winston Salem, NC Urethane and Other Foam Product Manufacturing* > 500
Cpfilms Inc. Fieldale, VA Unlaminated Plastics Film and Sheet Manufacturing* > 500
Strongwell Corporation Bristol, VA All Other Plastics Product Manufacturing > 500
General Dynamics-Ots, Inc. Marion, VA All Other Plastics Product Manufacturing 250–499
Klockner Pentaplast of America, Inc. Rural Retreat, VA Unlaminated Plastics Film and Sheet Manufacturing* 100–249
Mar-Bal, Inc. Dublin, VA All Other Plastics Product Manufacturing 100–249
Eastman Chemical Resins, Inc. Kingsport, TN Plastics Material and Resin Manufacturing 100–249
Scholle Ipn Packaging, Inc. Kimper, KY All Other Plastics Product Manufacturing 100–249
Amcor Rigid Plastics USA, LLC Wytheville, VA All Other Plastics Product Manufacturing 100–249
Paramont Mfg, LLC Abingdon, VA All Other Plastics Product Manufacturing < 100
Appalachian Plastics, Inc. Glade Spring, VA All Other Plastics Product Manufacturing < 100

Median Salary for Selected Plastics Occupations

Source: Bureau of Labor Statistics, 2016 Occupational Employment Statistics

Occupation VIAA Southeast US US

VIAA: Southwest Virginia nonmetropolitan area and Kingsport-Bristol-Bristol, TN–VA metropolitan area. Southeast US: Alabama, Florida, Georgia, Kentucky, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia

Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic $14.56 $15.20 $15.56
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic $16.67 $16.56 $16.29
First-Line Supervisors of Production and Operating Workers $27.28 $26.88 $27.78
Inspectors, Testers, Sorters, Samplers, and Weighers $16.42 $16.16 $17.68
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic $15.61 $15.05 $14.65
Packaging and Filling Machine Operators and Tenders $12.87 $13.28 $13.60
Team Assemblers $12.88 $14.56 $14.45

Investing in Each Other

Designed to target the needs of the company and the development plans of localities and the state, Virginia offers a variety of performance-based incentives. From tax credits to tax exemptions, Virginia continues to demonstrate its willingness to invest in those who invest and reinvest in the Commonwealth.

Virginia works enthusiastically with new and expanding employers that create a high standard of living for Virginians and enhance local and state economies through increased revenue growth. Incentives are Virginia’s investment in its economic future and a business decision for both the Commonwealth and the company. As a result, they must make good fiscal sense for all parties. Virginia continues to demonstrate a willingness to invest in those who invest in the Commonwealth.

Taxes

  • A notable low 6% corporate income tax rate
  • Tax credits for job creation and investment
  • Worker’s compensation insurance cost: 50% of the national average, third lowest in the nation
  • Unemployment insurance tax: 40% of the national average, sixth lowest in the nation
  • No Franchise or Net Worth Tax
  • Right-to-Work State

Manufacturing Sales and Use Tax Exemptions

  • Tax exemptions include tangible personal property used directly in the product production. Other tax exempt production expenses include machinery, tools, repair parts, fuel, power, energy, materials, and supplies that are used directly in manufacturing or processing products for sale or resale.
  • Manufacturers do not pay tax on purchases used for production; distributors do not pay tax on items purchased for resale.
  • The State of Virginia has NO TAX on: intangible property, manufacturers’ inventory, and manufacturers’ furniture, fixtures, and corporate aircraft.

Education and Workforce

Virginia Tech School of Engineering
Virginia Tech’s School of Engineering is one of the premier engineering departments in the United States. Undergraduate and graduate degrees of interest:

  • Packaging Systems and Design
  • Chemical Engineering
  • Biological Systems Engineering
  • Aerospace Engineering
  • Industrial and Systems Engineering
  • Mechanical Engineering
  • Material Science Engineering
  • Macromolecular Science and Engineering

Wytheville Community College

  • Offers approximately 30 academic programs and Career Readiness Certificate Testing
  • Associate Program in Machining Technology
  • Provides Level 1 Certification in Welding and Mechatronics
  • Proud Partner to local industry

Virginia Highlands Community College

  • Provides 45 academic areas of study and Career Readiness Certificate Testing
  • 15 Certificate Programs geared specifically toward community, manufacturing, and workforce development
  • Provides Level 1 Manufacturing Technician Certification
  • Proud Partner to the local industry

Southwest Virginia Advanced Manufacturing Center of Excellence

  • SVAM COE is currently establishing Level II Certification centers in the region that will focus on Seimans, AWS, and NIMS.
  • These programs will strengthen the manufacturing workforce through the supply of skilled welding, mechatronics (CNC), and metalworking labor.

Investing in Each Other

Designed to target the needs of the company and the development plans of localities and the state, Virginia offers a variety of performance-based incentives. From tax credits to tax exemptions, Virginia continues to demonstrate its willingness to invest in those who invest and reinvest in the Commonwealth.

Virginia works enthusiastically with new and expanding employers that create a high standard of living for Virginians and enhance local and state economies through increased revenue growth. Incentives are Virginia’s investment in its economic future and a business decision for both the Commonwealth and the company. As a result, they must make good fiscal sense for all parties. Virginia continues to demonstrate a willingness to invest in those who invest in the Commonwealth.