Berry investing $33 million in Evansville

Published: January 15, 2013 6:00 am ET

Related to this story

Topics Packaging, Injection Molding, Film & Sheet, 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

Xten may shut down, working on sale to Commercial Plastics

October 29, 2014 5:49 pm ET

Xten Industries LLC is working on a sale to Commercial Plastics Co. of Mundelein, Ill. Xten, an injection molder based in Kenosha, Wis., filed a...    More

Image

Protective packaging predicted to grow 6.1 percent annually

October 29, 2014 3:39 pm ET

Protective packaging looks to be a high-growth market in the coming years, according to a new study by Freedonia Group Inc.    More

Image

Schütz investing $20 million for bulk container production in Missouri

October 29, 2014 11:18 am ET

German packaging company Schütz GmbH & Co. KGaA is expanding its presence in the United States through a $20 million project in Missouri slated to...    More

Image

Detroit Manufacturing Systems to hire 200 for F-150 production

October 29, 2014 10:40 am ET

Interior trim supplier Detroit Manufacturing Systems LLC plans to hire 200 assembly workers by January to support production growth of Ford Motor Co....    More

Image

Germany's BÖ-LA taking touch sensitive film further into the marketplace

October 28, 2014 12:27 pm ET

FRIEDRICHSHAFEN, GERMANY — A German producer of screen-printed decorative films for insert molding featured a new demonstration part at Fakuma 2...    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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events