Slovenian manufacturer bringing $2.6M U.S. HQ to Harrisonburg
SIBO USA will produce closure solutions for tubes, containers and other packaging systems
SIBO Group, a Slovenia-based manufacturer of closure solutions for tubes, containers and other packaging systems, will invest $2.6 million to establish its U.S. corporate headquarters and a new manufacturing operation in Harrisonburg. The subsidiary will operate as SIBO USA LLC and the project will create 24 jobs.
Founded in 1967, SIBO Group got its start producing plastic closures for the cosmetics industry. The company now manufactures plastic caps and shoulders, molds, technical components and other items, supplying many of the world’s leading brands in oral care, cosmetics, pharmacy, medicine, household, sanitary and food products. SIBO Group exports to more than 65 countries around the world, has more than 300 customers worldwide, and produces more than five billion pieces every year. The company is establishing a U.S. corporate headquarters to shorten delivery times to North America and South America, according to the SIBO Group.
“SIBO Group decided to establish its first U.S. production facility in Harrisonburg and to commit our production resources to Virginia’s Shenandoah Valley due to the welcoming culture, strategic geographical position, investment-friendly state incentives, advanced infrastructure, economically active and innovative population, highly-qualified human capital, and tradition of industrial manufacturing,” SIBO USA CEO Mat Zakotnik said in a statement. “Our global team analyzed potential investment opportunities across the U.S., and we concluded that Virginia and Harrisonburg offer the best deal for our mutual success, not only in the form of market expansion opportunities for SIBO USA, but also by providing unprecedented local job creation potential, [an] inclusive local community and long-term corporate partnership.”
SIBO USA is eligible to receive up to a total of $21,600 from the Virginia Jobs Investment Program, a performance-based incentive offered through the Virginia Economic Development Partnership, according to Suzanne Clark, VEDP spokeswoman.