German company picks Virginia for new plant

 

German Company Picks Virginia For New Plant

Covington, VA (AP) – A German company that makes roll covers for paper and packaging manufacturers plans to build a manufacturing operation in Virginia.

Gov. Ralph Northam announced Monday that SchaeferRolls plans to spend $12 million to build a plant in Covington. The projected is projected to create 31 new jobs. SchaeferRolls will be the local supplier to WestRock Co., a paper and packaging manufacturer.

Northam said Virginia beat out South Carolina for the project. The govenor approved a $100,000 grant to the company. SchaeferRolls will also be eligible for several other state incentives.

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