Intertape Polymer Group to invest $45M, expand in Virginia
Intertape Polymer Group Inc.
Intertape makes film- and paper-based pressure sensitive and water-activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics and packaging systems for industrial and retail use.
Intertape Polymer Group Inc. will invest $45 million over the next four years, beginning with expanding its facility near Danville, Va., creating 50 new jobs in the area.
The investment includes a 30,000-square-foot plant expansion plus investment in production, operations and capacity, according to a Jan. 19 news release from Virginia Gov. Ralph Northam.
IPG is publicly traded on the Toronto Stock Exchange and has offices in Sarasota, Fla., and Montreal.