Berry investing $33 million in Evansville

Published: January 15, 2013 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet, Injection Molding, Thermoforming

EVANSVILLE, IND. (Updated Jan. 15, 5:30 p.m. ET) — Berry Plastics Group Inc. will spend $33 million to expand operations at its Evansville plant, and begin production on a new line of barrier food packaging.

The majority of that investment will go toward new equipment.

“This investment is really a tremendous testimony to Berry’s innovation capabilities,” said Jon Rich, Berry’s chairman and CEO, in a Jan. 15 news conference.

The news conference, held by Evansville Mayor Lloyd Winnecke, was broadcast online.

During the recession, Berry intensified its focus on R&D and worked aggressively to invent creative new products. The latest expansion will “help turn those inventions into reality,” Rich said.

The firm is also planning to add 115 new jobs, both technical and salaried positions, at the location over the next couple years and has already begun hiring.

Work on the expansion will begin as soon as possible, Rich said.

“Customers are demanding the [new packaging]. They’re very excited about this new technology.”

As part of the expansion, Berry will put $460,000 toward upgrading the railroad lines used to transport resin into the plant.

Updating the railroad infrastructure will cost more than $900,000. The state of Indiana and the city of Evansville have offered grants to cover the remaining costs.

Berry has also been offered tax incentives from Evansville, Vanderburgh County and the state.

Berry currently employs 1,800 people in Evansville. The city serves as the site of Berry’s headquarters, as well as its research and design center and in-house tooling division.

Berry has 80 manufacturing facilities and more than 15,500 employees worldwide. The packaging giant had sales of $4.8 billion in 2012, according to SEC filings.


Comments

Berry investing $33 million in Evansville

Published: January 15, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Smartphone work adds 52 percent to sales for China's Eva Precision

September 18, 2014 4:37 pm ET

Growth in supplying the smartphone and automotive industries helped Chinese processor Eva Precision Holdings Ltd. push injection molding sales up 52...    More

Image

Bill Kent named Thermoformer of the Year

September 18, 2014 12:11 pm ET

Bill Kent flew 6 million miles in a 50-year career at Brown Machine LLC — where he began assembling thermoforming machinery on the factory...    More

Image

Nolato Contour beefs up white room molding capabilities

September 18, 2014 11:56 am ET

Nolato Medical has extended its controlled environment options to include a white room at its Baldwin, Wis., Nolato Contour plant.    More

Image

Thermoforming conference draws 300 first-time attendees

September 18, 2014 10:39 am ET

The Society of Plastics Engineers Thermoforming Conference drew 814 attendees, according to Jim Arnet, conference chairman.    More

Image

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Market Reports

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

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

Upcoming Plastics News Events

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

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

More Events