Pennsylvania Invests $1.5 Million in Victaulic Expansion
Victaulic’s Lawrenceville foundry, an AFS Corporate Member, is constructing a 150,000-sq.-ft. addition to accommodate new molding lines, melt furnaces, core machines, and automated finishing and paint equipment to help produce larger scale products. The expansion will also include a 60,000-sq.-ft. machine shop with state-of-the-art CNC equipment.
Victaulic’s $100 million expansion project will create at least 214 new, full-time jobs and retain an additional 1,611 jobs across the state.
“This expansion underscores our unwavering commitment to creating family-sustaining jobs that positively impact our community,” said Victaulic President and Chief Executive Officer Rick Bucher. “The expansion will also bolster our manufacturing infrastructure, ensuring Victaulic remains the industry leader in producing high-quality, innovative solutions for the construction industry and our North American customers.
“Additionally, the capital investment demonstrates our commitment to sustainable growth by incorporating production efficiency using the cleanest modern melting technology available,” he added. “Victaulic takes pride in the fact that our solutions are manufactured using 100% recycled steel and are infinitely reconfigurable.”
Victaulic received a funding proposal from the Department of Community and Economic Development (DCED) for a $1.07 million Pennsylvania First Program grant and up to a $428,000 Workforce and Development Network grant to train workers.