Posted March 23, 2015

 
RICHMOND, Va. – McAllister Mills Inc., a leading manufacturer of safe, heat-resistant materials for the textile industry, will invest $1.05 million to expand and significantly increase its textile manufacturing operations in Grayson County, Va., Virginia Gov. Terry McAuliffe announced.

 

The company will purchase and renovate a vacant 33,000-square-foot facility that will house new automation and equipment. Virginia successfully competed against North Carolina for the project, which will retain 43 existing jobs and create 16 new jobs, according to the governor’s office.

 

“Grayson County continues its economic transformation with the expansion of McAllister Mills’ advanced textile manufacturing operation,” Gov. McAuliffe said. “The region has built a niche of businesses that are thriving in this sector, and this Virginia-grown company’s continued growth and success is great evidence of the Commonwealth’s top-rate business climate. New jobs in the manufacturing sector help us diversify and build the new Virginia economy, and we thank McAllister Mills for its investment.”

 

Headquartered in Independence, Va., McAllister Mills utilizes the most advanced fibers from alumina, silica, basalt, glass, aramids and biosoluble fibers, manufacturing textile products for almost any application. Its thermal solutions cover a full service temperature range from 0°F to 2,500°F. Insulation blankets, fabrics, tapes ropes, and custom fabricated parts are engineered for the most demanding thermal environment.

 

“Thirty-five years in Grayson County, McAllister Mills has successfully grown to be a world leader in thermal insulating and fire protection technologies and systems,” said Alec McAllister, president and owner of McAllister Mills, Inc. “This growth has been enabled by the strong work ethic and commitment of the employees of McAllister Mills, and we are poised to bring new technologies to the market with our upcoming expansion. We would like to thank the Grayson County EDA, Gov. McAuliffe, the VSBFA, the Town of Independence, as well as the Tobacco Commission, Virginia’s aCorridor and the Virginia Port Authority for their support.”

 

The Virginia Economic Development Partnership worked with Grayson County and Virginia’s aCorridor to secure the project for the Commonwealth. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $110,000 in Tobacco Region Opportunity Funds for the project. The Virginia Small Business Financing Authority also provided valuable assistance. The company is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.