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

Chinese auto suppliers growing in US

July 24, 2014 4:17 pm ET

Two China-based automotive suppliers are expanding in the U.S., according to information released by the Michigan Economic Development Corp.    More

Image

Bemis' product strategy paying off with record earnings per share

July 24, 2014 2:56 pm ET

Bemis Co. Inc. is feeling good about itself these days as the flexible packaging and pressure sensitive materials firm is posting record earnings per ...    More

Image

Injection molder, recycler Polyvulc USA puts itself up for sale

July 24, 2014 12:41 pm ET

Fred Farrell and Larry Lambiotte, founders of Polyvulc USA Inc. and its subsidiaries Polyvulc Tire Recycling Llc and Winnsboro Rubber Recycling LLC,...    More

Image

Sealed Air moving headquarters, 1,200 jobs to Charlotte, N.C.

July 23, 2014 2:06 pm ET

Sealed Air Corp. — which is known for its Bubble Wrap brand — is moving its headquarters from Elmwood Park, N.J., to Charlotte, N.C., and ...    More

Image

Successful packaging is about more than the materials you use

July 23, 2014 1:49 pm ET

“People do not forget how packaging makes them feel," says Marla Donahue. "Remember how frustrated you felt when you couldn't get that packaging...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

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

Upcoming Plastics News Events

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

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

More Events