Axium investing $8.9M to expand Ohio facility

By Jessica Holbrook

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

By Jessica Holbrook

Published: December 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Southeastern Container closing plant as Coke shifts bottle production

March 5, 2015 11:07 am ET

About 50 people will lose their jobs at a PET bottle making facility in Effingham, Ill., as container manufacturing shifts to Coca-Cola bottling...    More

Image

PET makes it possible to have your beer and be sustainable too

March 5, 2015 10:45 am ET

PET could replace stainless steel beer kegs in a material swap product developers say will be more environmentally friendly and cost effective for...    More

Image

Shepherd named Thermoformer of the Year

March 4, 2015 11:32 am ET

Barry Shepherd, of Shepherd Thermoforming and Packaging Inc., is the newest Thermoformer of the Year.    More

Image

Newell Rubbermaid expanding production, employment in Kansas

March 3, 2015 3:31 pm ET

Newell Rubbermaid Inc. is expanding and extending plastics molding technologies at its Winfield, Kan., manufacturing plant and distribution center.    More

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 misappropr...    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