Stretch film manufacturer Paragon Films is adding 70,000 square feet to its state-of-the-art facility in Taylorsville. An industry leader for producing sustainable, technologically advanced flexible packaging, Paragon has locations in North Carolina, Oklahoma, and Washington.
A groundbreaking ceremony recently took place at Paragon’s Taylorsville manufacturing plant and included 30 attendees representing Paragon, Alexander County, and Rhône global private equity group, which acquired Paragon in 2021.
Among the attendees were Paragon CEO Darin Tang, Rhône Managing Director Lucas Flynn, Rhône Vice President Sam Williams, and Alexander County Board of Commissioners Chairman Marty Pennell.
During the ceremony, Tang said the expansion comes in response to the rapid growth Paragon has experienced over the past five years.
“This warehouse expansion allows us to significantly increase our plant manufacturing capacity,” Tang said. “It’s our first expansion since purchasing this land and we have plans to expand beyond this in the future. We’re excited about what we’re doing in Taylorsville as we continue to grow our business. We know it’s going to be a group effort for us to accomplish this and we appreciate the support of the county.”
The facility expansion is expected to be completed in February 2024 and will generate an estimated 14 new jobs in Alexander County.
“We’re appreciative that you’re here in Alexander County,” Pennell told the Paragon team. “We’re thankful for the partnership we’ve had and we’re glad to see you thriving and moving forward.”
