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

Here's a peek behind our 2014 film & sheet ranking

September 15, 2014 1:22 pm ET

Today Plastics News publishes its annual ranking of North American Film and Sheet Manufacturers. Let's look at some interesting numbers behind the...    More

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Image

Par-Pak Europe buys Holfeld Plastics

September 10, 2014 1:58 pm ET

Holfeld Plastics Ltd., the Ireland-based packaging manufacturer, has been bought by Par-Pak Europe (PPE) for an undisclosed sum.    More

Image

With help from Coke, Virent boosts production of bio-based paraxylene

September 9, 2014 4:52 pm ET

WASHINGTON — Bioplastics developer Virent is ramping up operations in Madison, Wis., thanks to additional investment from Coca-Cola Co.    More

Image

California mold maker adds new press

September 9, 2014 1:54 pm ET

M.R. Mold & Engineering Corp. of Brea, Calif., has upgraded its injection molding capability to enhance testing and sampling of customer molds prior t...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

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

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

More Events