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Plastic Manufacturer To Invest $6 Million In Va. Plant

Fri, 06/17/2011 - 5:03am

RICHMOND, Va. (AP) — Plastics manufacturer Presto Products Co. is expanding its operations in Halifax County, creating 22 jobs over the next three years.

Gov. Bob McDonnell said Friday that the company will invest $6 million to add five new manufacturing lines.

Presto is a supplier of products ranging from private label food and disposer bags to packaging closures, soil stabilization materials and specialty stretch films.

McDonnell says the expansion helps to secure the future of the Halifax County plant and its 375 employees.

Halifax County officials said the Presto facility has grown at an average of $2 million per year over the last four years. It was the first tenant in the Halifax County Industrial Park.

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