Colombia's Phoenix Packaging expanding in Virginia

Published: December 5, 2012 6:00 am ET

Related to this story

Topics Packaging, Injection Molding, Thermoforming

DUBLIN, VA. (Dec. 5, 12:15 p.m. ET) — Phoenix Packaging Operations LLC is investing $20 million to expand its North American headquarters and operations in Dublin, Va.

The company has purchased a 75,000 square foot building directly across the street from its current plant. The facility was owned by vinyl window fabricator Dove Industries Inc. and closed when Dove went out of business in August.

“We were looking to expand our business in the US and our facility here…was already full, so the timing was great,” said Martin Faye, director of U.S. manufacturing.

Phoenix — a manufacturer of thermoformed rigid packaging and subsidiary of Grupo Phoenix — opened an approximately 100,000 square-foot facility last year. The company immediately started building out the space and announced its plan for a $17.5 million, 100,000 square-foot warehouse expansion in April 2011.

The current 200,000 square-foot Dublin facility houses thermoforming and extrusion equipment, as well as shrink sleeving, decorating and printing operations.

Phoenix plans to move its decorating operations to the new building, which will clear up space to bring in new extrusion and thermoforming equipment, Faye said.

The company is experimenting with new barrier rollstock and monolayer structures, and with the new space is considering bringing in new materials, he said.

Phoenix will add 100 new jobs to the location. The facility currently has about 350 employees.

Since opening 2½ years ago, Phoenix has become the second largest employer in Pulaski County, Va., Faye said.

“We pride ourselves in quality, service and innovation,” he said about the company’s U.S. success. “We really don’t have a stock item in the U.S…every package we’re offering in the U.S. is unique to the end user.”

Phoenix received several incentives from the state, including a $250,000 grant and support for job recruitment and training.

If Phoenix’s growth continues at its current clip, the company does have the ability to continue expanding the Dublin plant – the main building could support another 100,000 square feet addition and there’s room to the double the size of the new building, Faye said.

Phoenix is also looking to expand its second U.S. plant in Chandler, Ariz., which serves customers located west of Mississippi, he said.

Grupo Phoenix, based in of Bogota, Colombia, has 10 locations throughout Latin America and the United States. The privately owned firm makes injected molded and thermoformed packaging, extruded barrier packaging, foil and rigid plastic lidding, and shrink sleeve film.


Comments

Colombia's Phoenix Packaging expanding in Virginia

Published: December 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Comar merging with Convergence Packaging

October 21, 2014 5:07 pm ET

A couple of plastic packaging companies owned by private investment firm Graham Partners are merging into a single entity.    More

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security...    More

Molder expands in France with new clean room

October 20, 2014 1:30 pm ET

Global Closure Systems (GCS), a global injection molding producer, showed off its new ISO 7 clean room at its Astra Plastique factory in France...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    More

Image

Plastikon expanding in Kentucky

October 17, 2014 11:24 am ET

Automotive supplier Plastikon Industries Inc. plans to more than double the size of its production facility in Leitchfield, Ky.    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

More Events