Plastics & Advanced Materials
Virginia's strategic Mid-Atlantic location, superior transportation network and competitive operating costs make it an ideal location for plastics & advanced materials companies. Virginia understands that plastics manufacturing has a robust future, as its products touch virtually every area of daily life around the world. Virginia's plastics and advanced materials companies include plastics material and fiber manufacturers, film/sheet manufacturers, blow molders, injection molders, pipe/profile manufacturers, thermoformers and equipment manufacturers.
Virginia's Plastics and Advanced Materials Industry
- Virginia is home to over 200 plastics companies employing more than 20,300 people
- Since 2005, plastics firms have invested over $1.01 billion and created more than 4600 jobs
- To view the complete Plastics and Advanced Materials Industry Profile, click here
- BGF Industries
- Celanese Acetate
- CP Films
- General Dynamics
- General Packaging
- IAC Strasburg
- Klockner Pentaplast
- O'Sullivan Films
- Royal Mouldings
- Rubbermaid Inc.
- Universal Fibers
- Virginia's central East Coast location and premier transportation network allow companies to reach customers anywhere in the world with ease.
- Virginia's corporate income tax rate of 6% hasn't changed since 1972. Companies also benefit from tax exemptions on purchases of machinery, tools, replacement parts and raw materials used in production, as well as all utilities delivered through pipes, mains and lines for any purpose.
- The Virginia Port Authority (VPA) is the Commonwealth’s leading agency for international transportation and maritime commerce and manages Virginia’s six general cargo terminals: Norfolk International Terminals, Portsmouth Marine Terminals, Virginia International Gateway in Portsmouth, Newport News Marine Terminal, the Virginia Inland Port in Front Royal and the Port of Richmond.
- The Port of Virginia is one of the three busiest container ports on the U.S. East Coast and a leading gateway for the entire U.S. market. The Port boasts the single best infrastructure on the East Coast with a 50-foot ice free channel, no overhead obstructions, on-dock rail service (two Tier 1 railroads), easy access to ocean lanes, and is the only East Coast port with Congressional authorization to dredge to 55 feet.
- Ten railroads operate on the state’s network of nearly 3,400 miles of railway (excluding trackage rights). Two of the nation’s largest railroads, CSX Corporation and Norfolk Southern Corporation, are located here. Commuter rails near the larger cities allow workers to traverse efficiently.
- Workers' compensation and unemployment insurance are among the lowest in the nation. The unemployment tax burden is approximately 20% lower than the national average, and right-to-work laws allow individuals to work regardless of membership in a labor union.
- Virginia offers low electricity rates, state-of-the-art utilities and telecommunications infrastructure, and construction costs nearly 14% lower than the national average.
- Danville Community College, in Southside Virginia, offers Plastics Processing Technology Certificates and its training center includes an injection molder, extruder, polytruder and auxiliary equipment for hands-on training
- Dabney S. Lancaster Community College, in Western Virginia, offers an Advanced Manufacturing and Packaging Technology (AMPT) curriculum. The College is also home to the Virginia Packaging Applications Center, a state-of-the-art training lab for students enrolled in AMPT courses
- Virginia Tech is home to the interdisciplinary Macromolecules and Interfaces Institute (MII), integrating macromolecular and interfacial sciences and engineering. MII includes state-of-the-art testing equipment, including thermoplastic polymer extruders, an injection molding unit, a compression modeling unit, a thermoforming unit and a film system. Additional polymer and composite processing equipment is also available
- Virginia Tech’s Center for High Performance Manufacturing (CHPM) works to help manufacturing firms research, develop and implement new processes, methods and technologies in order to stay competitive in today's dynamic manufacturing environment
- The Commonwealth Center for Advanced Manufacturing (CCAM) is an applied research center that bridges the gap between fundamental research typically performed at universities and product development routinely performed by companies. CCAM's core research areas are Surface Engineering & Manufacturing Systems