Duroc’s subsidiary has received a grant from Virgina Commonwealth’s opportunity Fund
29 June 2020 Duroc’s US subsidiary Drake Extrusion, a leading manufacturer of colored filament yarn and staple fiber, has been operating in Henry County since 1995. Over the past decade, Drake Extrusion has continually invested in expanding the business. During a period of a few years, Drake Extrusion is investing $6.9 million to expand its operation in Henry County. A near-term project is establishing an additional manufacturing facility, creating 30 new jobs. As an incentive, Governor Ralph Northam approved a $90,000 grant from the Commonwealth’s Opportunity Fund to assist Henry