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JOURNAL STAFF AND WIRE REPORT

Published: November 3, 2009

Updated: 11/03/2009 12:30 am

LOUISBURG - An Israeli foam manufacturing company is investing more than $7 million to open a North Carolina plant and add 72 jobs.

Palziv North America said yesterday that it will open a North American headquarters and facility in Louisburg.

The company, which makes foam for packaging, insulation, toys and other items, also received $250,000 from the One North Carolina Fund. The state grant provides financial assistance for industrial expansion.

Palziv North America is owned by Palziv LTD in Israel. It has plants in Ohio, Canada, Israel, Romania.

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