Israeli Foam Manufacturer to Bring 72 Jobs to Franklin County
North Carolina Gov. Bev Perdue today announced that Palziv North America, a global leader in the development and manufacturing of thermoplastic cross-linked polyethylene foam, will open a new North American headquarters and manufacturing facility in Franklin County. The company will invest $7.8 million and create 72 jobs in Louisburg, NC. The announcement was made possible in part by a $250,000 grant from the One North Carolina Fund.
“North Carolina continues to attract manufacturing firms looking for the perfect location to invest and create new jobs,” Gov. Perdue said. “Our state’s trained workforce, strategic location and superb quality of life are key site selection factors for new and expanding companies.”
Palziv North America is wholly owned by Palziv LTD, headquartered in Israel. The company has manufacturing and distribution locations in Israel, Romania, Ohio and Canada. Palziv foam is used for packaging, insulation, toys, prosthetics and other customer applications.
Palziv will utilize a currently empty Louisburg building to create a new North American headquarters and U.S.-based foam manufacturing facility to better serve the company’s North American, South American and Canadian markets. Palziv will produce cross-linked foam blocks and rolls from polyethylene pellets for a variety of applications.
The project’s 72 new jobs will pay an average annual wage of $34,167, not including benefits, which is higher than the Franklin County average annual wage of $33,176.
For more information on Palziv, go to: www.palziv.com and www.pxlcrosslinked.com. Those interested in company job opportunities should send their resumes to the Employment Security Commission office in Louisburg; by mail, Employment Security Commission, 90 Tanglewood Drive, Louisburg, NC 27549-2698; by fax, (919) 496-7611; or by e-mail,
ESC.jobs.louisburg@ncmail.net.
