Braven Environmental to invest $31.7M in Virginia plastic pyrolysis plant

In Virginia, Governor Ralph Northam announced that Braven Environmental, a leader in deriving fuel from landfill-bound plastic, will invest $31.7 million to establish a manufacturing operation in Cumberland County’s shell building. Virginia successfully competed with North Carolina and South Carolina for the project, which will create 52 new jobs. This is the first economic development announcement for Cumberland County since 2009.

The Virginia Economic Development Partnership worked with Cumberland County and Virginia’s Growth Alliance to secure the project for Virginia. Governor Northam approved a $150,000 grant from the Commonwealth’s Opportunity Fund to assist Cumberland County with the project. The Virginia Tobacco Region Revitalization Commission approved $65,000 in Tobacco Region Opportunity Funds for the project, and funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.