NEWS

Valfilm plans expansion at Findlay plant

Monday, Apr 17, 2017

Valfilm Inc. is planning a 40,000-square-foot expansion at its Findlay plant, and has moved its North American headquarters to Findlay as well.

Valfilm President Alberto Geronimi announced plans to further invest in Findlay during a presentation to a local delegation that visited Brazil this week to tour universities and factories.

“The expansion will allow space for new lines that will grow the customer base in North America,” Geronimi said.

Final approval of the expansion came Thursday during a meeting of the Findlay Board of Zoning Appeals. Construction could begin within the next two or three months.

Employment levels at the Findlay plant are expected to stay at current levels, but up to 20 jobs could be added in the future.

Earlier this year, Valfilm had 75 workers in Findlay.

The move of Valfilm’s North American headquarters from Long Beach, California, to Findlay is effective today.

Valfilm purchased the former Dow Chemical plant on North Main Street in 2014. Valfilm produces polyethylene films used for packaging.

Valfilm was formed in 1976 in Brazil. It is a wholly-owned subsidiary of Valgroup Packaging Solutions.

The delegation to Brazil included Tim Mayle, director of economic development for the Findlay-Hancock County Alliance; Katherine Fell, president of the University of Findlay; and Patrick Sadowski, a partner at the Eastman & Smith law firm.

“The top priority of the trip was to learn about the products and processes that Valfilm produces in Brazil,” Mayle said in a statement. “When Valfilm asked us to visit Brazil, it was an easy decision. We knew we wanted to leverage the trip to identify opportunities for the University of Findlay as well as other business investment possibilities.”

“The four universities we visited in Brazil offer the University of Findlay significant new opportunities for partnerships into the future,” Fell said. “I also believe there are ways that the University of Findlay can support Valfilm’s growth in Findlay.”

 

Source: thecourier.com

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