Tessy Plastics is planning a $4.8 million expansion of its facility in Lynchburg, Va., that will create 60 jobs.
The commonwealth's governor, Robert McDonnell announced the expansion in late January. He says in a news release that the project shows the importance of the plastics processing sector in Virginia.
Tessy Plastics produces a variety of plastic products, including medical devices and consumer items. McDonnell approved a $150,000 grant from the Governor's Opportunity Fund for the project. Recruitment and training will receive funding and services from the Virginia Jobs Investment Program.
"Since its establishment in Lynchburg in 1997 Tessy Plastics has been an innovator in custom injection molding, and I am pleased that the company will expand to manufacture additional custom products in a growth market," McDonnell said, "Tessy chose its Virginia operation for this project due to the proximity to its customer base, ability to expand the current facility, and confidence in the longevity of this Lynchburg operation. The high-technology plastics industry in the Commonwealth is vibrant. As the second injection molding company expansion announcement in Virginia in the last 45 days, this project is testament to this important plastics processing sector."
Last year, the company spent $9 million to expand a plant near its headquarters in Elbridge, N.Y., that makes consumer products.
The company currently has three product lines in the medical market:
• Minimally Invasive: canulas, staple delivery components, trocars;
• Noninvasive: pipettes, stopcocks, ear tips, speculums, syringes, blood analyzer disposables; and
• Medical Devices: components, sub-assemblies, and full assemblies.
"We at Tessy Plastics have an excellent, hard working and honest work force," said Ken Beck, president of the company. "With our great employees and the partnership with the city of Lynchburg and the state of Virginia, I look forward to investing in our future to make us a stronger, more efficient company which will help us stay competitive in a global market."
In addition to New York and Virginia, the private, family-owned company also has a facility in China.
