Xaloy to Reopen Virginia Manufacturing Facility

Screw, barrel and front-end component manufacturer Xaloy LLC will once again be manufacturing bimetallic screws and barrels from its former longstanding facility in Pulaski, Va., shifting operations back to the Commonwealth from Austintown, Oh. A release from the office of Virginia Gov. Ralph Northam stated that Xaloy, which was acquired in December 2020 from Nordson Corp. by Chicago-based private equity firm Altair Investments, will invest $1.75 million in its 100,000-ft², 30-acre site at 102 Xaloy Way in the town of Pulaski. Northam’s office said Virginia beat out Ohio for the investment, for a site that will retain seven jobs and create 35 new positions.

Nordson, which acquired Xaloy in 2012, announced in 2016 that it would combine existing screw and barrel operations in Youngstown, Ohio; New Castle, Pa.; and Pulaski, Va. into a single expanded manufacturing center of excellence in Austintown, Ohio. At the time, Nordson said that it expected a majority of positions in those existing facilities to transfer to Austintown, anticipating total employment in Austintown of approximately 260.

Xaloy will now seek to rehire many former Virginia-based employees familiar with its products and the factory, according to the governor’s office. “With the increase in demand we were reaching capacity with our twin-barrel line in Austintown, and moving that business back to Pulaski was contingent on being able to hire the right people and do it quickly,” Xaloy CEO Kamal K. Tiwari said in the release. “When we decided to reopen the Pulaski site, we turned to former employees to get the facility back in operation. Nearly all 20 of the initial workforce consists of former Pulaski Xaloy workers, bringing with them decades of experience.”

The Virginia Economic Development Partnership worked with Pulaski County, the Town of Pulaski, and Onward New River Valley to secure the project for Virginia. Xaloy will be eligible to receive state benefits from the Virginia Enterprise Zone Program, as well as local incentives from the town and county.

In December 2020, Chicago-based private equity firm Altair Investments acquired Xaloy from Nordson, including facilities in Austintown, Ohio; Pulaski, Virginia; Chonburi, Thailand; Neckarsulm, Germany; and Monza, Italy. The entities included in the sale were Xaloy Inc. (US); Xaloy Europe GmbH; Xaloy Italia S.r.l.; Xaloy Asia (Thailand) Ltd.; and Xaloy KK (Japan).