Berry investing $33 million in Evansville

By Jessica Holbrook

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

By Jessica Holbrook

Published: January 15, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Pactiv expanding in North Carolina

March 5, 2015 4:18 pm ET

Pactiv LLC is spending more than $24 million on an expansion project in North Carolina that will create 59 new jobs.    More

Image

VisiPak adds to customer mix, product offerings with Tulox acquisition

March 5, 2015 2:19 pm ET

VisiPak has acquired Tulox Plastics Corp., a maker of clear plastic packaging.    More

Image

ResTech companies renamed Plastics Molding Manufacturing

March 5, 2015 3:54 pm ET

Plastics Molding Manufacturing Inc. is the new name for the ResTech Plastic Molding LLC family of companies.    More

Image

Auto supplier Motus adds more production as it buys Leon Interiors

March 5, 2015 10:52 am ET

Motus Integrated Technologies, a Tier 1 automotive interiors supplier, is getting bigger, adding the assets of Tier 2 supplier Leon Interiors Inc.    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 the...    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