# Kingspan Insulation to invest $27M in new OPTIM-R panel facility in Virginia

Kingspan Insulation LLC will invest $27 million to expand its operation in Frederick County, Virginia, adding a new manufacturing facility for OPTIM-R vacuum insulated panels and creating 37 jobs.

- Type: Expansion
- Announced: 2022-04-20
- Where: Frederick County, Virginia, United States
- Value: $27.0M
- Jobs: 37
- Status: announced
- Products: OPTIM-R vacuum insulated panels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kingspan Insulation](https://endata.com/companies/62394.md)
- [Kingspan Group](https://endata.com/companies/20737.md) (partner)

## Sources

- [lesprom.com](https://www.lesprom.com/de/news/Kingspan_Insulation_to_invest_27_million_to_increase_production_capacity_in_Virginia_103005/), 2022-04-20: "Kingspan Insulation LLC, a division of the Kingspan Group, will invest $27 million to expand its operation in Frederick County, Virginia."

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