# BGF Industries to invest $7 million in new US headquarters and R&D facility in Virginia

Porcher Industries' subsidiary BGF Industries Inc. plans to invest $7 million to relocate its headquarters and R&D activities to Danville, Virginia, constructing a 2,320 square meter facility and creating 65 new positions.

- Type: Investment
- Announced: 2018-10-30
- Where: Danville, Virginia, United States
- Value: $7.00M
- Jobs: 65
- Starts operating: 2019
- Status: announced
- Products: technical textiles, advanced composite materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [BGF Industries](https://endata.com/companies/26874.md)
- [Porcher Industries](https://endata.com/companies/19668.md) (partner)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2018/10/porcher-industries-subsidiary-bgf-industries-invests-7-million-in-new-u-s-headquarters-and-rd-facility-creating-65-new-positions-in-virginia/), 2018-10-30: "Porcher Industries’ subsidiary BGF Industries Inc. has announced its planned investment of $7 million to relocate its headquarters and research & development activities from Greensboro, N.C., to the City of Danville and Pittsylvania County, Va."

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