Polymer Solutions is pleased to announce our plans to invest $2.9 million to expand our laboratory facilities in 2014 in Montgomery County, Va. Our company, currently located in the Blacksburg Industrial Park, will construct a new 20,000-square-foot headquarters and testing lab in the Falling Branch Corporate Park in Christiansburg, Va. We anticipate the creation of five new jobs as a result of this expansion. PSI is proud to remain in Montgomery County, an area characterized by the natural beauty of the Blue Ridge Mountains and by its thriving technology community.
We have already been asked why we are expanding and why now is the right time.
The first question: why expand?
Our company’s culture is one of continuous improvement: we will reach a point where we settle or become content with the status quo. To some, that might be a tiring mentality. For us it is an exciting journey to keep reaching higher and farther, and pushing the limits. In order to do this, it became clear that we needed to upgrade our facilities. Our global client base requires state-of-the-art environmental controls and air exchange systems. Also, we have expanded our instrumentation and testing capabilities to the point where we are running out of the square footage necessary to house all of our experts and equipment.
We have realized tremendous growth over the past few years, especially with a growing international customer base. Gov. Bob McDonnell affirmed this, stating:
Virginia has seen a growing cluster of polymer technology and manufacturing companies, and further industry collaboration and research is vital to the continued growth of this important sector. We thank Polymer Solutions for its investment in the Commonwealth and look forward to its developments in the years ahead.
With just the right timing, we found space in an emerging industrial park that suits our needs. The Town of Christiansburg has done an excellent job planning the Falling Branch Industrial Park. It has easy access to Interstate 81, the location is picturesque, and it is situated amongst other strong technology companies, including Aeroprobe Corp. and Inorganic Ventures.
The mayor of the Town of Christiansburg offered his support and insights. “After such a successful tenure in Blacksburg, we are pleased that Falling Branch Corporate Park was able to offer the space that Polymer Solutions needs to continue to grow and thrive,” Mayor Richard Ballengee said. “This addition to the Corporate Park is great for the town and local economy and we welcome them to Christiansburg.”
What does this mean for our community?
We are pleased to announce the addition of five new jobs that will contribute to our local economy and attract high-level talent to the area. We are also pleased that the contractor and architect selected for this project — Avis Construction and Hughes Associates Architects & Engineers — are based in our region, increasing our investment into our community. We are excited to keep pushing ourselves amongst the incredible cluster of peer technology companies in the Roanoke Valley and the New River Valley.
We look forward to keeping you posted on our expansion plans as the project kicks off in 2014.