June 7, 2012
MUNCIE, IND. (June 7, 11:40 a.m. ET) — Spartech Corp. is planning a 60,000 square foot expansion at its
The expansion should be complete by Nov. 1.
The Muncie plant makes food packaging for customers like ConAgra Foods’ SnackPack brand and Knouse Foods’ Musselman`s applesauce, churning out thermoformed containers and rollstock for form, film, and seal applications.
The plant currently has 120 employees. The expansion will create openings for new operators, technicians and engineers. Spartech plans to hold a job fair in July. The company will fill four new positions this year and the remaining 28 positions in 2013.
Spartech’s packaging division has experienced increased demand, making an expansion necessary, said Christi Emmenegger, corporate marketing communications manager.
The company has eight packaging plants in
“The leadership (
Spartech purchased the plant from Ball Plastics in 1999.
The Indiana Economic Development Corp. has committed $75,000 in training funds and $235,000 in tax credits to support the expansion. The
Spartech would not disclose the expansion’s budget, but the company will discuss the investment during its Q2 earnings conference call next week, Emmenegger said.
Spartech, based in
The company posted sales of $1.1 billion for fiscal year 2011. In the most recent Plastics News ranking, Spartech was