$6M investment, 28 new jobs created at Abingdon pole factory
Hapco Pole Products based in Abingdon has announced a $6 million expansion in its current facility that will result in the creation of 28 new jobs, the company and Gov. Terry McAuliffe announced Tuesday.
Hapco has produced various types of light and street direction poles at their facility since 1962 which now adds a 60,000-square foot production facility to its campus, the report said.
"Our investment in this new facility reflects the strength of our business and our commitment to Abingdon, VA," said Hapco CEO and President Fred Vermeer. "With almost 55 years in the same location, Hapco has maintained a significant manufacturing presence in our industry, and we look forward to building on that legacy through this important increase of our manufacturing capabilities. With this growth, our skilled workforce will continue to vigorously pursue Hapco's original commitment of 'the highest quality' in the pole products industry."
The Virginia Tobacco Commission supplied $95,000 from its Region Opportunity Fund to assist in the project, the report said.