# Princo LLC to build $23.8M health care products plant in Norfolk, Virginia

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.

- Type: New facility
- Announced: 2023-02-21
- Where: Norfolk, Virginia, United States
- Value: $23.8M
- Jobs: 284
- Starts operating: 5 Apr 2023
- Status: announced
- Capacity: 80,000-square-foot facility
- Products: incontinence pads
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Princo LLC](https://endata.com/companies/68679.md)
- [Premier](https://endata.com/companies/9258.md) (partner)
- [Vario Labs LLC](https://endata.com/companies/68680.md) (partner)
- [Caretrust LLC](https://endata.com/companies/68681.md) (partner)

## Sources

- [virginiabusiness.com](https://virginiabusiness.com/health-care-venture-to-establish-manufacturing-facility-in-norfolk/), 2023-02-21: "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."
- [wtkr.com](https://www.wtkr.com/news/medical-manufacturing-facility-opens-in-norfolk-will-create-284-jobs), 2023-04-05: "Today is an exciting example of watching collaboration at the heart of that innovation bring home manufacturing to bring manufacturing that was in Asia, was specifically in China back to the United States back to 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.
