Northam Announces Return of Xaloy to Virginia and Reopening of Pulaski Manufacturing Plant

RICHMOND — Governor Ralph Northam today announced that Xaloy, a leading manufacturer of plastic processing components for injection and extrusion machines, will move its barrel manufacturing plant from Ohio to Virginia and will reopen its old factory in Pulaski County. The company will invest $ 1.75 million in its 100,000 square foot, 30 acre site at 102 Xaloy Way in the town of Pulaski to produce bimetallic barrels for a wide range of applications in the manufacturing industry. plastic. Virginia successfully competed with Ohio for the project, which will retain seven jobs and create 35 new ones.

In 2016, Xaloy closed its Pulaski plant and moved the majority of manufacturing and plant positions to Austintown, Ohio. With the return of its barrel-making functions in Pulaski County, the company will rehire a number of former employees familiar with Xaloy’s specific machines.

“Our workforce is one of the primary reasons Virginia is the # 1 US state for business and the return of Xaloy is proof that our pool of skilled talent is unmatched,” Governor Northam said. “It was a priority to win back this important employer in Pulaski, and securing this important project demonstrates the value of collaboration in generating economic opportunities and building long-term corporate partnerships. ”

Founded in 1929, Xaloy is a global leader in high performance machine components and equipment for the plastics industry. The company has one of the largest screw and barrel design portfolios, world-class manufacturing capabilities, and a global sales and customer support team. Xaloy’s deep technological and technical expertise has helped improve the quality and efficiency of plastics processors. Among the company’s achievements is the invention of the first tungsten carbide cylinder capable of withstanding extreme wear and corrosive environments. Xaloy was acquired by Altair Investments in February 2021.

“One of Virginia’s greatest business assets is our exceptional workforce, and we are proud to support Xaloy’s return to Pulaski County,” said Secretary of Commerce and Commerce Brian Ball. “The company’s investment will strengthen the Commonwealth’s position as a leader in advanced manufacturing, and we are committed to facilitating Xaloy’s success here in every way possible.

“With increasing demand, we were reaching the capacity of our double barrel line in Austintown, and returning this business to Pulaski depended on being able to hire the right people and do it quickly,” Kamal said. K. Tiwari, CEO of Xaloy. “When we decided to reopen the Pulaski site, we turned to former employees to get the facility back into service. Almost all 20 of the initial workforce are former Pulaski Xaloy workers, bringing with them decades of experience. It was essential to have a group of people who could bring that level of knowledge, experience and loyalty to the table. With the support of the governor, state and local authorities, and all those who wanted to see the making of this community on its feet, we are happy to have been able to realize these hopes.

“The reopening of the Pulaski plant unites Xaloy with a highly skilled, hardworking and dedicated workforce with decades of experience in manufacturing the complex products we offer,” said Andrew Brickman, Altair partner. Investments. “The plant offers good access to many major arteries. We intend to increase our presence in the end markets served by this plant, so we hope this is only a first step towards further expansion of the workforce and installation.

The Virginia Economic Development Partnership worked with Pulaski County, City of Pulaski, and Onward New River Valley to secure the project for Virginia. The business is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, as well as local incentives from Pulaski County and the Town of Pulaski.

“This project is particularly important to Pulaski County because of what the return of Xaloy fully represents,” said Pulaski County Administrator Jonathan D. Sweet. “For this world-class manufacturer to return to Pulaski County and restart operations here, it effectively demonstrates that our workforce is second to none and that there is no better community for this industry leader. industry to call home. We are extremely grateful for Xaloy’s renewed commitment to the county, and the Supervisory Board and Economic Development Authority look forward to a strong and successful partnership for many years to come.

“We are extremely happy to welcome Xaloy to our community and are proud of the recognition that the local workforce in the Town of Pulaski has received through this process,” said Town of Pulaski Mayor Shannon. Collins.

“Xaloy has decades of rich history in Pulaski Town and we are delighted they are returning home,” said Pulaski Town Manager Darlene Burcham. “We applaud the dedication, loyalty and responsiveness of the citizens of the City who were previously employed at the plant and who were key factors in the decision-making process. The Town of Pulaski is committed to fully supporting Xaloy as it restarts operations and is delighted with the future success generated by this catalyst. ”

“The New River Valley wants Xaloy back to Pulaski,” said Charlie Jewell, executive director of Onward New River Valley. “Their decision to bring manufacturing back to the New River Valley speaks volumes about the quality of our workforce and the supportive community they have in Pulaski County and the city. ”

“When I delivered for FedEx a few years ago, I remember warmly a sign that greeted everyone who entered Xaloy: ‘Through these doors walk the world’s greatest barrel makers,’ said the delegate L. Nick Rush. “Xaloy’s return to Pulaski County means barrel-making professionals and Southwest Virginia will greatly benefit from the return of this specialty trade to our region. I extend my warmest congratulations to Xaloy on his exciting news and to the Virginia Economic Development Partnership, Pulaski County, Town of Pulaski and Onward New River Valley, whose collaborative efforts made this initiative possible. And, more importantly, I can’t wait for the world’s best coopers to walk through these doors again. ”

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