RICHMOND, VA – The Greater Richmond Partnership (“GRP”) announces that Cartograf, a leading provider of packaging solutions for over 40 industrial sectors worldwide, will invest $65.3 million to establish its first U.S. folding and micro-corrugated package printing facility in Chesterfield County.
The 275,000 square foot facility will be located on 100-acres in the Meadowville Technology Park. The region successfully competed against locations in North Carolina, South Carolina and Georgia for the project, which will create 63 new jobs.
“For the past 30 years, Cartograf has partnered with worldwide brands across a diverse group of industries,” said Juan Jose Páramo Riestra, President of Cartograf. “Our products are part of people’s everyday lives through a large array of packaging solutions in the consumer goods, beverages, tobacco and manufacturing industries. Cartograf’s main facilities are located in Aguascalientes, Mexico, and as a result of constant organic growth and a substantial market share increase, the company is proud to announce its first overseas expansion, consisting of a new manufacturing facility located in the Meadowville Technology Park in Chesterfield, Va.”
Cartograf will establish its first U.S. folding and package printing facility in order to meet growing demand for its products in the northeast and Canadian markets. Based in Mexico City, Cartograf provides packaging solutions to customers in over 40 industrial sectors worldwide, including food and beverage, personal hygiene, confectionary, and home products. Since its founding in 1986, the company has worked to remain number one in folding and micro-corrugated printed packaging through the use of top-tier applied technology and modern facilities with high production capacity.
The Greater Richmond Partnership was approached by the Virginia Economic Development Partnership (VEDP) in April with a request for properties and a wage cost comparison analysis. The quickly moving project required access to the Richmond Marine Terminal and Port of Virginia.
“Manufacturing space and industrial commercial real estate has been a hot commodity for the Richmond Region,” said Lara Fritts, President and CEO of the GRP. “International manufacturing firms have their sights on Greater Richmond and we can’t be happier about Cartograf.”
“We’re so proud to welcome Cartograf to our premier Technology Park in Meadowville,” said Leslie A.T. Haley, Chair of both the Chesterfield County Board of Supervisors and GRP Board of Directors. “As the home to Cartograf’s first U.S. investment we look forward to building on the success of our existing packaging and advanced manufacturing industry clusters as a long-term partner for success.”
The Greater Richmond Partnership worked with Matt McLaren, Senior Project Manager from Chesterfield County Economic Development, Michaela Martin, Associate Business Manager at VEDP, and representatives from the Port of Virginia to secure the project.
Alexandra Wilson of the Keith Corporation represented Cartograf in the property negotiations.
About the Greater Richmond Partnership
The Greater Richmond Partnership, Inc. (GRP) is the lead regional public-private economic development organization for the City of Richmond and counties of Chesterfield, Hanover and Henrico in Virginia. GRP recruits companies from all over the globe which provide employment opportunities and taxable capital investment for the community. For more information, visit www.grpva.com.
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