Less than three years after the opening of its first American production plant in Dalton, IVC US officials confirmed Wednesday the company will build an $80 million luxury vinyl plank and tile (LVT) plant at the same site.
“Just as in 2010 when we built our sheet vinyl manufacturing facility, we again did our homework with regards to the location for our new LVT manufacturing plant,” said Xavier Steyaert, co-CEO, IVC US, in a statement. “It was again the collaborative, trustworthy and business-minded approach from our state and local community leaders that convinced us to expand on our current site on IVC Drive in Dalton.”
Construction of the plant is expected to start this spring, and the plant is forecast to be fully operational by the first quarter of 2015. Greater Dalton Chamber of Commerce President Brian Anderson said the plant is expected to create 150 to 225 jobs over three years.
“We are very excited,” said Anderson. “We have been working with them over a number of months. They have chosen us for a variety of reasons. They have been successful here with their first plant, and all the factors that made it successful are applicable here, from good transportation and infrastructure to access to an experienced floorcovering workforce to availability of raw materials.”
Anderson said the project will qualify for the standard local tax abatement incentives, which are based on a formula that includes the number of jobs and the value of the investment. In this case, he said the abatements will be approximately $3 million.
The announcement is just the latest sign of resurgence for the Dalton area floorcovering industry. Since May, local floorcovering companies have announced expansions that are expected to create some 2,600 jobs over the next five years in Whitfield County alone and hundreds more across the rest of northwest Georgia.
Whitfield County Board of Commissioners Chairman Mike Babb welcomed the announcement.
“We are extremely pleased that IVC has chosen Dalton,” Babb said. “They are a world class company, and they were looking at a number of sites because this is a large enough expansion to be a standalone plant. But after they looked around, they decided doing it here in Dalton and Whitfield County was the best. This shows we have the workforce and the incentives and the ability to attract and keep businesses in Whitfield County.”