INTERNATIONAL MANUFACTURER EXPANDING IN WYTHE COUNTY

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WYTHEVILLE, Va. – This morning, Governor Terry McAuliffe announced that Coperion Corporation, in collaboration with local real estate developer WYCO, LLC, will expand its Wythe County operation, investing a total of more than $3 million in its Wythe County facility.

Headquartered in Stuttgart, Germany, Coperion, a wholly-owned subsidiary of Hillenbrand, serves as a world market and technology leader for compounding systems, bulk materials systems, components and services.

Wythe County successfully competed against New Jersey for the project, which will create 22 new jobs and propel the county to becoming the center of all U.S.-based extruder-related manufacturing and warehousing.

McAuliffe said he was thrilled to make the announcement, stating, “Creating quality jobs in the advanced manufacturing sector is one of the most important ways we can build a new Virginia economy.”

According to the Virginia Department of Commerce and Trade, the project is strategically important in that it brings new jobs and capital investment to the area.

“We’re excited to expand our operations in Wytheville,” said Robert DiMarino, Vice President Operations, Coperion Corporation, who went on to state that the company has been “extremely pleased” with the dedication of local employees and the support of the Commonwealth, Wythe County and the Town of Wytheville.

West Wytheville’s representative on the Wythe County Board of Supervisors says he is pleased that the company will be expanding in his district. Artie Hall, who serves as chairman of the County’s Economic Development Committee, added, “This is a big achievement for Wythe County – it is a vote of confidence for our area. They had several locations to choose from and yet they chose us.”

Hall’s sentiments were echoed by Tim Reeves, Chair of the Wythe County Board of Supervisors. “Coperion has been a contributing member of this community for many years, and we are happy the company chose to expand its business here. This expansion is a major accomplishment in Wythe County’s industrial growth.”

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