NJ resin/vinyl manufacturer to invest $13.5M in Tazewell
Ronald Mark Associates expected to create 29 jobs
New Jersey-based custom resin and vinyl manufacturer Ronald Mark Associates Inc. will invest $13.5 million to establish a manufacturing operation in Tazewell County, a project expected to create 29 jobs, Gov. Glenn Youngkin announced Thursday.
The company will occupy the former Komatsu Mining Corp. facility at 1081 Hockman Pike in Bluefield.
“Ronald Mark Associates’ decision to establish a manufacturing operation in Tazewell County is a great testament to Southwest Virginia’s many advantages, including competitive operating costs and a skilled workforce,” Youngkin said in a statement. “We are thrilled that the company will revitalize a vacant facility and create 29 new jobs for the hardworking citizens of this region.”
Ronald Mark Associates has marketed, distributed and packaged PVC resin since 1971 and has manufactured vinyl films since 1979. The company provides vinyl fabrics to the military.
“The mechanical talent of Tazewell County is a perfect match for the infrastructure fabrics and technical textiles Ronald Mark will produce,” Ronald Mark Associates President Michael Satz said in a statement.
The Virginia Economic Development Partnership worked with Tazewell County and the Virginia Coalfield Economic Development Authority to secure the project, for which Virginia competed with North Carolina and South Carolina. Youngkin approved a $116,000 grant from the Commonwealth’s Opportunity Fund to assist the county. Ronald Mark Associates is eligible to receive benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community. VEDP will provide funding and services to support employee training through its Virginia Jobs Investment Program.