Pactiv invests $5.5 million in S.C. plant

Jessica Hobrook

Published: January 31, 2012 6:00 am ET

Related to this story

Topics Packaging, Thermoforming

LAKE FOREST, ILL. (UPDATED Feb. 1, 5:50 p.m. ET) — Pactiv LLC will expand its operations in South Carolina, investing $5.5 million to add a new production line to its Beech Island thermoforming facility.

The expansion is slated to begin in February, and also includes plans to expand the facility’s warehouse to consolidate Pactiv’s regional operations.

South Carolina’s Coordinating Council for Economic Development awarded Pactiv a $150,000 grant for site preparation. The business also received a five-year tax abatement from Aiken County, S.C.

The expansion is expected to generate 25 new jobs over the next three years. The S.C. Technical College System — a network of 16 technical colleges across South Carolina — will provide pre-employment training.

Plastics is a growing industry in South Carolina, Aiken and Edgefield counties in particular, said Will Williams, director of the Economic Development Partnership, a non-profit aimed at boosting economic development in the area.

“Obviously new jobs in a community is something that we’re always looking for, especially from an already existing company,” Williams said in a Feb. 1 phone interview.

Pactiv did not return calls seeking comment.

Pactiv is a subsidiary of Reynolds Group Holdings Ltd., based in Auckland, New Zealand. Pactiv, based in Lake Forest, Ill., is the top thermoformer in North America, and is ranked No. 25 in film and sheet manufacturing, according to the most recent Plastics News rankings.


Comments

Pactiv invests $5.5 million in S.C. plant

Jessica Hobrook

Published: January 31, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Clear Lam settles Doritos lawsuit

March 3, 2015 4:06 pm ET

Clear Lam Packaging Inc. has settled a months-old lawsuit against Frito-Lay Inc. alleging “breach of contract, false advertising, and...    More

Image

Coveris sees 'common culture' form after mergers, acquisitions

March 3, 2015 11:37 am ET

Coveris Holdings Corp. is a mega-rollup in packaging, a major international player, said Robert Larson, president of Coveris' Food and Consumer North ...    More

Image

Study: LLDPE to grow steadily

March 3, 2015 11:23 am ET

Research group Ceresana says linear low density polyethylene (LLDPE) is expected to grow steadily through 2021.    More

Image

P&G adding label to help guide consumers in recycling

March 2, 2015 3:29 pm ET

Procter & Gamble Co. will help prompt consumers to recycle rigid packaging by joining the Sustainable Packaging Coalition's How2Recycle Label program.    More

Image

Born to be plastic — a DIY Harley-Davidson

February 27, 2015 11:12 am ET

Owning a real Harley-Davidson was not enough for bike nut Peter Manning; he wanted a model of his favorite motorcycle too.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events