HENRY COUNTY, VA – Crown Holdings, Inc. announced that it will invest $145 million to build a new beverage can manufacturing facility in Henry County.
Located in Commonwealth Crossing Business Centre, the 355,000-square-foot facility is expected to begin operations in the second quarter of 2022 and will create 126 new jobs.
“This investment further demonstrates Crown's commitment to support its customers in meeting the increased demand for aluminum beverage cans,” said Timothy J. Donahue, President and Chief Executive Officer. “The Henry County plant will give Crown a stronger position in the specialty can market, while allowing Crown to better serve the needs of customers and consumers for more sustainable packaging. On behalf of Crown, I would like to thank our many partners for their enthusiasm and cooperative effort in this initiative.”
The state-of-the-art plant will supply beverage cans to the company's customers serving a variety of categories including sparkling water, energy drinks, carbonated soft drinks, teas, functional beverages, hard seltzers, beer and cocktails.
Ranked 272 on the Forbes Fortune 500, Crown Holdings has operations in 47 countries employing over 33,000 people.
Operating in Virginia for more than 60 years, the company has facilities in Frederick County and the City of Suffolk as well as subsidiary operations in Henry County and Pittsylvania County, employing more than 200 total employees.
The Virginia Economic Development Partnership worked with the Martinsville-Henry County Economic Development Corporation to secure the project for Virginia.
Governor Northam approved a performance-based grant of $3 million from the Virginia Investment Performance Grant, an incentive that encourages continued capital investment by existing Virginia companies.
“We are thrilled to see a longtime Virginia employer and Fortune 500 company like Crown Holdings select Henry County for its new East Coast manufacturing operation,” said Governor Northam. “The addition of 126 high-quality jobs is a huge opportunity for the people of Southern Virginia, and the region’s tireless efforts to build a skilled workforce pipeline will benefit the company for decades to come. We thank Crown for again choosing to reinvest in the Commonwealth, and look forward to its continued success here.”
Northam also approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Henry County with the project.