Com.40, Ltd., a major manufacturer of mattresses and upholstered furniture, will invest $36.3 million to open a manufacturing facility in the City of Danville. The project will create 813 jobs. Virginia successfully competed with North Carolina, Pennsylvania, South Carolina and Texas for the project.
“When I announced the Swedwood/IKEA project in October 2006, we knew that it would be transformational for the region,” said Governor Timothy M. Kaine. “And now Com.40 will make a major investment, increasing our furniture manufacturing base.”
Com.40, established in 2000, is a private company headquartered in Poland. A key supplier to Swedish home furnishings retailer IKEA, Com.40 expects the Danville facility will help supply mattresses and upholstery to IKEA stores in North America.
“The strategic location and solid transportation infrastructure puts us in close proximity to IKEA stores on the East Coast, as well as components suppliers,” said Bogdan Kaczmarek, Com.40’s CEO and owner. “City of Danville and state officials offered an impressive pro-business approach and strong financial support. This, combined with the region’s available, educated labor force, made choosing Danville an easy decision.”
“We are thrilled that the largest investment in Commonwealth history by a Polish company is happening in Danville,” said Jerry L. Gwaltney, city manager. “Com.40 is a natural fit for Danville, joining the ranks of our other six international companies that have already invested in our city.”
Charles Hawkins, chairman of the Virginia Tobacco Commission said, “The City of Danville is rapidly making the transition from being the tobacco capital of the South to becoming the South's leading hub for advanced manufacturing. Com.40's decision to locate here is evidence of an extraordinary partnership between our local labor force and Polish entrepreneurs.”