BGF Industries, Inc. to invest $7 million to relocate U.S. corporate headquarters and R&D facility
RICHMOND—Governor Ralph Northam today announced that BGF Industries, Inc., a leading U.S. manufacturer of high-performance technical fiber materials for global markets, will invest $7 million to relocate its corporate headquarters and R&D operation from Greensboro, North Carolina to the City of Danville and Pittsylvania County. The company will initially construct a 25,000-square-foot facility in 2019 in the Danville-Pittsylvania County Regional Industrial Facility Authority-owned Cyber Park for its headquarters and research and development facility.
“BGF Industries, Inc. is a global company with strong ties to Virginia, maintaining operations in the Commonwealth for over 60 years,” said Governor Northam. “The company’s decision to relocate its corporate headquarters and expand research and development capacity in Danville-Pittsylvania County is a clear testament to the appeal of Southern Virginia’s skilled labor force, research assets, and competitive business costs. We are confident that BGF will thrive from its new home in the Cyber Park.”