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Tessy Plastics chooses Virginia over New York for plant expansion

The company will invest $9.2 million and create 34 new jobs at its Lynchburg, VA, facility to support a new product line.

PlasticsToday Staff

March 22, 2018

2 Min Read
Tessy Plastics chooses Virginia over New York for plant expansion

Custom injection molder Tessy Plastics will expand its facility in Lynchburg, VA, to accommodate a new product line, according to a news release from the office of Virginia Governor Ralph Northam. The company, which is headquartered in Skaneateles, NY, will invest $9.2 million in the project and create 34 new jobs, said the announcement dated March 20. Virginia successfully competed against New York for the project, noted the governor.

“With over 200 employees, Tessy Plastics has been a valuable contributor to Lynchburg’s economy for more than 20 years, and we are proud that this global manufacturer will reinvest in the Commonwealth,” said Governor Northam. “Virginia's strategic mid-Atlantic location, superior transportation network, and competitive operating costs make the Commonwealth an optimal home for plastics and advanced materials companies, as evidenced by the more than $1 billion invested in the industry in the past decade. We look forward to continuing our strong corporate partnership with Tessy Plastics, and thank the company for choosing to grow in Lynchburg.”

To clinch the deal, the Virginia Economic Development Partnership worked with the city of Lynchburg and the Lynchburg Regional Business Alliance. Governor Northam approved a $200,000 Commonwealth’s Opportunity Fund to assist the city with the project. Tessy Plastics is eligible to receive additional grants and state benefits as well as sales and use tax exemptions on manufacturing equipment. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

Tessy Plastics is a division of Tessy Plastics Corp., which offers global contract manufacturing services to the medical technology as well as automotive, aerospace, military and consumer sectors. It operates FDA/GMP compliant, ISO 13485-certified facilities in New York, Virginia and China.

Catch up with Tessy Plastics at PLASTEC East, part of the largest advanced design and manufacturing event on the East Coast. Co-located with Medical Design & Manufacturing (MD&M) East and four other events dedicated to packaging, automation, design and manufacturing, and quality, PLASTEC East comes to the Jacob K. Javits Convention Center in New York, NY, on June 12 to 14. Visit Tessy Plastics at booth 839.

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