# BGF Industries expands into former Timken plant in Altavista

BGF Industries purchased the former Timken Company plant in Altavista, Virginia for $4 million, adding a third location in the town. The facility, called the Blue Ridge plant, will house the company's expanding engineered-component business for industrial textiles.

- Type: Expansion
- Announced: 2017-09-11
- Where: Altavista, Virginia, United States
- Value: $4.00M
- Status: completed
- Products: industrial textiles, engineered components
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BGF Industries](https://endata.com/companies/26874.md)
- [Timken](https://endata.com/companies/1700.md) (target)

## Sources

- [godanriver.com](https://godanriver.com/business/textile-firm-bgf-industries-expands-into-old-timken-plant-in-altavista/article_49167eef-b201-5292-b877-d3d6865fbc3d.html), 2017-09-11: "BGF, which has been present in the town since the 1950s, purchased the former Timken facility in the Dearing Ford Industrial Park for $4 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
