RINGANA Invests $85 Million in Roanoke US Hub, Creating 435 Jobs
Updated
Updated · Cardinal News · Jun 12
RINGANA Invests $85 Million in Roanoke US Hub, Creating 435 Jobs
3 articles · Updated · Cardinal News · Jun 12
Summary
$85 million will be spent over five years to establish RINGANA’s U.S. headquarters in Roanoke, where the Austrian skincare and nutrition company plans to create 435 jobs.
Blue Ridge Commerce Park will host the site, a former Johnson & Johnson property near Interstate 581 that will serve as RINGANA’s North American production and distribution hub.
Manufacturing, warehousing and research-and-development operations are planned there, supporting U.S. sales of the company’s skincare products, supplements and beverages.
Virginia backed the project with a $5 million state grant and workforce-program support after state and regional economic-development groups worked to secure the investment.
RINGANA, which has more than 800 employees worldwide and already distributes across Europe and Central and South America, said Roanoke’s location and available property fit its long-term expansion plans.