# TemperPack Technologies raises $31.3M for production expansion

TemperPack Technologies completed a $31.3 million capital raise to invest in production facilities in Henrico County, Virginia, and Las Vegas, Nevada, increasing ClimaCell thermal liner production by 60%.

- Type: Investment
- Announced: 2020-08-18
- Where: Henrico County, Virginia; Las Vegas, Nevada, United States
- Value: $31.3M
- Status: announced
- Capacity: 60% production increase
- Products: ClimaCell thermal liners
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [TemperPack Technologies](https://endata.com/companies/3876.md)
- [Wheatsheaf Group](https://endata.com/companies/49193.md) (investor)

## Sources

- [richmondbizsense.com](https://richmondbizsense.com/2020/08/18/temperpack-technologies-lands-31-3-million-capital-raise/), 2020-08-18: "It will invest the money in its production facilities both here and in Las Vegas."

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