New River Packaging, a box manufacturer formerly located in Madison Heights, has packed up and moved to Campbell County.
The company plans to expand on Sunnymeade Road, investing $1.2 million to purchase equipment. Also, the company plans to hire 20 additional full-time employees within three years.
Campbell County is supporting the move and expansion with $23,000 of incentives, which the Board of Supervisors approved Monday.
Robert and Aimee Shenigo founded New River Packaging in 2005. Robert Shenigo said they wanted to let customers buy custom-made corrugated cardboard boxes at the quantity they needed, rather than having to purchase in huge volumes.
“We’re filling a need for the short-order runs,” he said.
The business has grown every year, he said, and it outgrew its Dillard Road facility in Madison Heights.
Shenigo said the company searched for a new building for about five months last year. It chose a vacant industrial building on Sunnymeade Road, between Lynchburg and Rustburg.
The firm, which currently has nine full- and part-time employees, told the county it would hire 20 more full-time employees with an average hourly wage of $12 each in the next 30 months.
In January, the county’s Board of Supervisors in closed session authorized a total of $23,000 in incentives, tied to New River Packaging’s
investment and hiring.
The board formally approved the incentives in open session Monday night.
Mike Davidson, the county’s director of economic development, said the county expects to recover the amount of the incentives through tax revenue from New River Packaging within 2.4 years.
“It is encouraging to see this small business excelling,” Concord District supervisor Eddie Gunter said in a news release. “Campbell County is eager to do its part to promote this business’s growth.”
Shenigo said the county has been very supportive of the move.
He said the company buys large sheets of corrugated cardboard and then cuts them, prints customers’ logos on them, and assembles the boxes.
New River Packaging also does a lot of repackaging.
He and his wife also own BC Transportation, which delivers the boxes.
They are also thinking outside the box by planning a contract packaging service. Shenigo said they could handle products from pre-packaging to shipping and would like to start providing those services.
Joe Mullen, economic development director for Amherst County, could not be reached for comment on the company leaving Amherst County.
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