US$5 million investment will help meet the growing demand in animal nutrition and health markets
The company will invest US$5 million and add approximately 6 jobs to its existing team over the next two years. The expansion will double the production of key nutrients used for the animal nutrition and health markets worldwide.
“We are very excited about the expansion at our Covington site,” said Jonathan Griffin, vice president of Balchem Animal Nutrition and Health. “This is not only an opportunity to bring more jobs to the area, but it also allows us to further expand our manufacturing capabilities and meet the growing needs of the animal nutrition and health markets.”
Balchem worked with the Virginia Economic Development Partnership, Alleghany County, the Alleghany Highlands Economic Development Corp., and the Roanoke Regional Partnership in support of the expansion. Balchem opened its manufacturing site in Alleghany County in 2013.
“I’m proud that Balchem has chosen to expand its facility in Alleghany County. It demonstrates the quality of our workforce,” said Matt Garten, chairman of the Alleghany County Board of Supervisors. “The county values Balchem and hopes to continue to support its growth here.”
“We’re pleased to see Balchem expanding and enjoying success in Alleghany County,” said Secretary of Commerce and Trade Brian Ball. “Advanced manufacturing is a target industry in the Commonwealth that will play an important role in Virginia’s economic recovery, and we thank the company for reinvesting in its operation and creating more high-quality jobs.”