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

Cambro investing $30.4 million in new N.C. injection molding plant

April 18, 2014 2:36 pm ET

Foodservice products manufacturer Cambro Manufacturing Co. Inc. plans to set up a satellite production and distribution operation in Mebane, N.C., to ...    More

Image

'Thermoforming has nearly limitless possibilities'

April 18, 2014 12:54 pm ET

Julie McAlindon of PolyOne Corp. speaks about the future of thermoforming and the integration of Spartech Corp.    More

Image

Increased orders prompt Georg Utz to add capacity, equipment in Indiana

April 18, 2014 12:20 pm ET

Plastic totes and tray orders have picked up to the point where manufacturer Georg Utz Inc. has added machines, silos and material feed systems to...    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events