Governor Northam Announces 31 New Jobs in the City of Covington

Governor Ralph Northam announced that SchaeferRolls, Inc., a producer of polymer-based roll covers and a wholly-owned subsidiary of SchäferRolls GmbH & Co. KG, will invest $12 million to establish a 40,000-square-foot manufacturing operation in the City of Covington. The company will be the local supplier to paper and packaging manufacturer WestRock Company’s plant. Virginia successfully competed against South Carolina for the project, which will create 31 new jobs.

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Stik-Pak Solutions to Expand to Summit View Business Park

stik-pak solutionsFranklin County announced that Stik-Pak Solutions, a contract packaging firm, will invest $14.3 million to relocate and expand its Franklin County operation into a new 100,000 square foot facility to be built in the county’s new Summit View Business Park. The company currently operates out of a 25,000 square foot facility in the Franklin County Commerce Center and employs 35 workers. The new facility will be built in two 50,000 square foot phases on a five-acre pad and will create 50-60 new high-paying jobs within six years in addition to the relocation of the current employees.

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