GOVERNOR KAINE ANNOUNCES PROGRESS PRINTING EXPANSION IN CAMPBELL COUNTY
-Company to invest $15.8 million and create 10 new jobs-
RICHMOND - Governor Timothy M. Kaine today announced that Progress Printing will invest $15.8 million to expand in Campbell County. The project adds equipment to double print capacity, and will create 10 new jobs in 30 months.
“Progress Printing has been an important corporate citizen to Campbell County and the Lynchburg region since 1962,” said Governor Kaine. “The area’s stable workforce and reasonable business costs have helped the company succeed, and I congratulate Progress Printing on an expansion that will continue to distinguish the company as one of Virginia’s top printing companies.”
Progress Printing is Virginia’s largest private employee/family-owned printer. With 249 employees and a five-acre plant in Lynchburg, the company serves 700 premier customers shipping to 50 states and 14 foreign countries. Progress Printing specializes in B2B catalogs and specialty publications along with general commercial printing.
“Since our founding 45 years ago, Virginia and Campbell County have provided a supportive, rewarding environment to grow a healthy business,” said Michael Thornton, president of Progress Printing. “Our experiences with operations in other states have always brought us home to the favorable business climate of Virginia and Campbell County.”
The Virginia Economic Development Partnership worked with Campbell County to secure the project for Virginia. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $50,000 in Tobacco Region Opportunity Funds to support the project. The Virginia Department of Business Assistance will provide training and retraining assistance through the Virginia Jobs Investment Program.
“Campbell County is delighted to be involved in Progress Printing’s expansion,” said Rick Boyer of the Campbell County Board of Supervisors. “We are eager to support the continued growth of this company, which has served the country for more than 40 years.”