Essel Propack, a global specialty packaging company serving the consumer goods and pharmaceutical sectors, will invest $31.2 million to expand its manufacturing facility in the City of Danville, Virginia. Virginia successfully competed with Brazil and Argentina for this project, which will create 45 new jobs.
Essel Propack is a publicly-held company headquartered in Mumbai, India. Founded in 1982, the company produces a wide range of multilayer collapsible tubes and laminates used for packaging in personal care, food, pharmaceutical, and industrial applications. Essel Propack employs over 2,850 employees worldwide, including 252 at its first and only U.S. manufacturing operation in the City of Danville. The expansion will allow the company to double production at the Danville facility through the introduction of new Super High-Output tubes (SHOT) technology.
The Virginia Economic Development Partnership worked with the City of Danville and the Southern Virginia Regional Alliance to secure the investment opportunity for Virginia. Governor Northam approved a $150,000 grant from the Commonwealth’s Opportunity Fund to assist the City of Danville with the project. The Governor also approved a $300,000 performance-based grant from the Virginia Investment Performance (VIP) Program, an incentive that encourages capital investment by existing Virginia companies. The Virginia Tobacco Region Revitalization Commission approved $330,000 in Tobacco Region Opportunity Funds for the project. Essel Propack is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.