Eco-friendly recycling company to create 100 jobs in Covington
- March 14, 2011
Continental Waste Management LLC said Monday it will create 100 jobs at a plant in Covington, which will recycle plastic products and manufacture plastic and wood composite products.
The company will spend $6 million to convert the former AET Film property. The facility is expected to open this summer.
Continental Waste Management is a recycling and manufacturing company that converts waste plastic materials into commercially viable products. The company will recycle post-industrial and post-consumer plastic at the plant and produce composite and molded plastic products for worldwide markets.
“I am extremely excited about the growth opportunities presented to our business by locating in the Commonwealth of Virginia,” Ujas Patel, CEO of Continental Waste Management. “Virginia offers us both the infrastructure and qualified workforce needed to support our growth plans and Covington, Virginia, is a great location for industrial operations.”
Gov. Bob McDonnell approved a $150,000 grant from the Governor’s Opportunity Fund to assist Covington with the project. Virginia competed with North Carolina for the project.