Pratt Industries has announced they will invest $20 million and finish a 16,000 square foot shell building for the manufacturing and converting of sustainable corrugated boxes and displays in Botetourt County.
The company plans to hire 50 people at an average wage of $47,900 plus benefits.
“Pratt Industries’ decision to locate a new manufacturing operation at the Botetourt Center at Greenfield is an important win for the Roanoke region and the Commonwealth, and underscores the advantage of having infrastructure in place that accelerates the timeline to production,” said Governor Northam.
“We are proud to partner with an innovative, global manufacturer like Pratt Industries that shares Virginia’s commitment to environmental stewardship and sustainability. This major investment that will have strong positive impact on the regional economy and help advance Virginia’s thriving manufacturing industry.”
The Virginia Economic Development Partnership worked with Botetourt County, the Roanoke Regional Partnership, and the Virginia Department of Environmental Quality (DEQ) to secure the project for Virginia.
Governor Northam approved a $300,000 grant from the Commonwealth’s Opportunity Fund to assist Botetourt County with the project.