Polyzent Trading invests $1.1 million for first plant; will create 20 jobs in Lynchburg

Governor Glenn Youngkin
Governor Glenn Youngkin - Official Website
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Polyzent Trading, a Virginia-based startup focused on manufacturing stretch film wrap for industrial use, will invest $1.1 million to open its first manufacturing facility in Lynchburg. The new site is expected to create 20 jobs in manufacturing, marketing, and management roles.

Governor Glenn Youngkin commented on the development: “Polyzent’s investment in Lynchburg shows that Virginia isn’t just the best place to do business — it’s the best place to build, innovate, and grow. As our manufacturing sector expands, so does the demand for reliable shipping materials to move Virginia-made products to market. By producing high-quality wrap right here in the Commonwealth, Polyzent is amplifying the momentum of our manufacturing boom and helping more businesses succeed in Virginia.”

Secretary of Commerce and Trade Juan Pablo Segura said: “When it comes to shipping and logistics, stretch film is literally holding it all together. Polyzent’s decision to establish operations in Virginia is a sure sign of the bright future that lies ahead for Virginia manufacturers and distributors.”

Polyzent Founder Dhaivat Patel explained the company’s plans: “With our stretch-film manufacturing facility launching in December 2025, Polyzent is committed to producing high-quality cast film right here in Virginia. Local extrusion means shorter lead times, consistent quality, and reduced dependence on foreign stretch-film imports. As we expand our capabilities into specialty films and sustainable packaging solutions, we invite Virginia manufacturers and national supply-chain partners to support American-made film and help build a stronger industrial future.”

The facility will feature an automated extrusion line capable of producing between 40 and 50 tons of stretch film per month once operations begin in December 2025. This production aims to meet growing needs from local manufacturers, warehousing firms, and distribution centers.

Chris Hughes, Board Chair of the Lynchburg Regional Business Alliance, said: “Polyzent’s decision to launch its first manufacturing operation in Lynchburg is a strong testament to the momentum of our regional economy. This investment brings new jobs, expanded capabilities, and fresh opportunities across our manufacturing and distribution sectors. We commend the leadership of the Lynchburg Economic Development Authority and Marjette Upshur, director of the city’s Office of Economic Development & Tourism. Their vision, responsiveness, and commitment to growth continue to propel Lynchburg as a destination where innovative companies thrive.”

Lynchburg Mayor Larry Taylor added: “We are excited to welcome this Virginia-based manufacturer to the City of Lynchburg. Their investment represents confidence in our city’s economy and workforce. Our strong manufacturing heritage and supportive climate make it the perfect place for companies like this to launch, grow, and succeed.”

Senator Mark Peake noted: “Polyzent’s investment in Lynchburg is a great example of the kind of manufacturing growth that keeps Virginia’s economy strong. By choosing to build and hire locally, this Virginia-based company is not only creating quality jobs but also strengthening our supply chains and advancing innovation in sustainable packaging. I’m proud to welcome Polyzent to central Virginia and look forward to seeing these 20 new jobs and this facility thrive right here in Lynchburg.”

Delegate Wendell Walker stated: “Today’s announcement is another win for Lynchburg and for the hardworking people of central Virginia. Polyzent’s $1.1 million investment and the creation of 20 new jobs speak to the strength of our local workforce and the confidence employers continue to place in our region. I thank Governor Youngkin and his administration for his continued efforts to champion job creation and strengthen opportunities for families across our community.”

The project was supported by collaboration between state officials at The Virginia Economic Development Partnership (VEDP) [https://www.vedp.org/]—an organization that works with localities such as Lynchburg—and city authorities through job creation programs including VEDP’s Jobs Investment Program (VJIP). VJIP offers consulting services as well as funding assistance designed specifically for companies expanding or creating new positions within Virginia.



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