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Princo LLC, a joint venture of Premier Inc., Vario Labs LLC and Caretrust LLC, will invest up to $23.8 million to establish an 80,000-square-foot manufacturing facility in Norfolk, Virginia, creating 284 jobs to produce incontinence pads.
“This tremendous new venture represents the onshoring of a necessary health care product, a boost for the industry supply chain, and high-quality manufacturing jobs all happening in the commonwealth of Virginia.”virginiabusiness.com
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