Axium investing $8.9M to expand Ohio facility

Published: December 21, 2012 6:00 am ET

Related to this story

Topics Packaging, Blow Molding

NEW ALBANY, OHIO (Dec. 21, 12 p.m. ET) — Blow molder Axium Plastics LLC is planning an $8.9 expansion at its New Albany plant.

Axium is building a 900,000-square-foot addition to its Ohio facility, said Scott McAfee, a spokesman for the city of New Albany.

Based in Mississauga, Ontario, Axium built its 110,000-square-foot New Albany plant in 2011. The plant currently employs about 130 people.

According to local news reports, Axium plans to shift some production from its Mississauga and Atlanta plants to the New Albany facility.

The company will add 40 jobs at the location with an estimated payroll of $1.2 million, McAfee said by phone.

Axium will receive an additional 15-year, 100 percent property tax abatement from the city, a repeat of the benefits it received for its initial $16.2 million investment.

The plant is one of several manufacturing facilities in New Albany’s “personal care and beauty campus.” The area houses the headquarters of contract packager Accell Inc. and a plant operated by VeePak Inc., a Chicago-based contract packager, among others.

“[The campus] really helps create this vertical supply chain. So many of [the businesses] work with similar customers,” McAfee said.

In the last few years, the campus has generated 1,500 jobs, 85 percent of them new to Ohio, he added.

Axium makes rigid plastic containers for the personal-care, cosmetics, food and automotive markets. Company officials could not immediately be reached for comment.


Comments

Axium investing $8.9M to expand Ohio facility

Published: December 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Sealed Air moving headquarters, 1,200 jobs to Charlotte, N.C.

July 23, 2014 2:06 pm ET

Sealed Air Corp. — which is known for its Bubble Wrap brand — is moving its headquarters from Elmwood Park, N.J., to Charlotte, N.C., and ...    More

Image

Successful packaging is about more than the materials you use

July 23, 2014 1:49 pm ET

“People do not forget how packaging makes them feel," says Marla Donahue. "Remember how frustrated you felt when you couldn't get that...    More

Image

Beer maker Carlsberg enlists suppliers for 'upcycling' project

July 22, 2014 11:14 am ET

Carlsberg Breweries A/S in Denmark has started an ambitious project with its suppliers to optimize its packaging for the purpose of “upcycling....    More

Image

Global market for plastic containers to top 46 million metric tons by 2021

July 22, 2014 10:56 am ET

German research company Ceresana has released a study saying that it expects the global market for plastic containers to rise to 46.2 million metric...    More

Image

Portugal's Gepack setting up PET packaging facility in Arizona

July 18, 2014 3:32 pm ET

Gepack, a maker of PET bottles in Portugal, is setting up new a manufacturing facility in Arizona.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events