ISLE OF WIGHT COUNTY, Va. – The expansion of a tissue, towel and napkin manufacturing company will create 50 new jobs in Isle of Wight County, Governor Terry McAuliffe announced Tuesday.
ST Tissue LLC will invest $35 million to expand its operation by adding a new tissue machine and hard wound towel line.
The company’s products are sold to food service, lodging and office buildings.
Virginia beat out Wisconsin for the project, which will increase the company’s existing capacity by over 45,000 tons per year.
Governor McAuliffe approved a $167, 500 grant from the Commonwealth’s Opportunity Fund to help with the project. ST Tissue will also be able to receive state benefits from the Virginia Enterprise Zone Program and will receive sales and use tax exemptions on manufacturing equipment.
“We are proud that this important corporate partner put citizens back to work and has made the decision to further invest in its operation and workforce,” said Governor McAuliffe. “Growing the advanced manufacturing sector in the Commonwealth is a fundamental part of our efforts to diversify and build a new Virginia economy, and ST Tissue’s expansion is a great testament to our ongoing success.”
ST Tissue’s facilities produce 100 percent-recycled fiber and have the capability to manufacture products with very high post-consumer fiber content.
“Virginia is one of the most forward-thinking states in terms of cultivating its business ecosystem,” said Vice President of ST Tissue Sahil Tak. “We witnessed it first-hand as we built our mill in Isle of Wight in 2013 – the location, the workforce, the incentives from the state and local communities – it all adds up to a big advantage for Virginia when vying to attract new business.”