Arglass Secures Over $230 Million Investment for Second Cutting-Edge Facility
02/06/24, 6:50 PM
Location
valdostaMoney raised
$230 million
Industry
building material
manufacturing
Investors
Jefferies, Orion Infrastructure Capital
Arglass has secured over $230 million in capital to build a second furnace on its campus in Valdosta, Georgia. The new facility is expected to be capable of producing over 350 million sustainable glass containers annually with cutting-edge capabilities and extensive sustainability infrastructure. The construction is expected to bring 150 new jobs to the Valdosta area.
Company Info
Location
valdosta, georgia, united states
Additional Info
Arglass is a privately held American glass container manufacturer that was born to reinvent the industry. With a state-of-the-art facility in Valdosta, Georgia, Arglass has developed the most agile, innovative and sustainable operation in North America, capable of meeting the evolving needs of a dynamic consumer market.