In honor of the company's 40th anniversariy, Lehigh Valley Plastics Inc. recently hosted Pennsylvania Gov. Tom Corbett.
Corbett held an open meeting with the employees, saying: ""LVP obviously demonstrates what we need to have more across the state - manufacturing. I love the fact this is a management-owned facility, they are investing in the community, they are growing in the community, which is tremendous; they came through the recession and went through a tough period of time but, came out much stronger. They understand that you can't spend more than they have and what you do is grow your revenues, and they grow them the right way... The idea that we're growing business in PA is extremely important to the Commonwealth."
Lehigh Valley Plastics moved to its North Commerce Way facility in Bethlehem, Pa., in 2007 after 35 years in Allentown, Pa.
The larger facility was intended to allow for expansion, and the company's workforce grew from 115 to 155 between 2006 and 2008. The recession forced the company to cut staff to dramatically; however the company has hired more than 50 employees since 2010 and expects to top its prerecession revenue this year 2012.
LVP President Dave Keim said the company plans to add 10 employees and multiple capital equipment purchases this year.
LVP manufactures plastic components for a number of markets, including agriculture, construction, transportation, pharmaceuticals and material handling.
(Photo ID: Keim, Corbett and plant manager Dru Hayward talking about LVP products during a plant tour.)|