Berry Plastics shifting work to Indiana

By Jim Johnson
Senior Staff Reporter

Published: January 14, 2014 3:28 pm ET
Updated: January 15, 2014 3:00 pm ET

Related to this story

Topics Packaging, Injection Molding, Thermoforming

Berry Plastics Group Inc. is creating more than 300 jobs at four locations in the company’s native Indiana as part of restructuring that will ultimately reduce overall company employment by some 200 positions.

Indiana job rolls will benefit by the changes first announced last fall by the Evansville-based company, which is now out with new details, including plans to relocate equipment to four Indiana sites and add of 330 jobs there.

“The 330 jobs being added to the company’s Indiana facilities encompass both the addition of new positions as well as employment associated with the relocation of the equipment,” Berry Plastics spokeswoman Eva Schmitz said.

“Berry Plastics is taking these actions in light of weak economic activity so as to reduce our cost structure and align our base assets to demand while best servicing our customers,” she said.

The company is relocating manufacturing equipment to facilities in downtown Evansville as well as near the Evansville airport. Sites in Princeton and Richmond also will receive equipment. Along with relocating existing equipment, the company is adding new equipment as part of a $31 million investment for the Indiana locations.

The 330 jobs being added in Indiana will come over two years, including 280 in Evansville, Berry Plastics said.

The company previously said in November five sites would close, including locations in Texas, Washington and Illinois.

Overall, the company expects a net reduction of approximately 200 jobs once the restructuring is finished.

Berry Plastics is receiving up to $300,000 for job skills training and $2.35 million in Economic Development for Growing Economy tax credits from through the Indiana Economic Development Corp. Evansville also offered tax abatements for real and personal property totaling $4.5 million and a hiring and training grant of up to $100,000.

Berry Plastics has made new investments of $64 million and created 395 production jobs in Evansville during the past couple of years, Mayor Lloyd Winnecke said in a statement.

The company, in November, announced plans to close five sites in a restructuring plan for fiscal year 2014, which ends in September.

Those locations include an engineered materials plant in Houston, a flexible packaging site in Kent, Wash., and a rigid open top plant in Alsip, Ill. The two other sites have yet to be revealed, but Schmitz said the plans are expected to be completed by the end of the current fiscal year.

Berry Plastics, at the time of the restructuring announcement, indicated it expected to save $27 million in annual operating costs when the changes are fully implemented.


Comments

Berry Plastics shifting work to Indiana

By Jim Johnson
Senior Staff Reporter

Published: January 14, 2014 3:28 pm ET
Updated: January 15, 2014 3:00 pm ET

Post Your Comments


Back to story


More stories

Image

Small is beautiful in Nissei's newest press

November 21, 2014 2:14 pm ET

Responding to customer demand for flexibility, Japanese plastics-equipment manufacturer Nissei Plastic Industrial Co. Ltd. is demoing a caster-...    More

Image

Three advancements have driven injection molding technology

November 21, 2014 6:00 am ET

Injection molding technology has made major advances in the last 25 years, from largely a world of shoot-and-ship to doing as much as possible at the ...    More

Image

Netstal, Electra Form team up for PET preform partnership

November 20, 2014 3:15 pm ET

The Netstal division of Krauss-Maffei Corp. is teaming up with Electra Form Industries in a partnership to offer PET preform machines and molds as a...    More

Image

Thomson Plastics opens N.C. plant

November 20, 2014 3:12 pm ET

Custom injection molder Thomson Plastics Inc. has opened a new manufacturing facility in Lexington, N.C.    More

Image

PET film maker Evertis expanding production in Mexico, Brazil, Portugal

November 20, 2014 2:52 pm ET

Evertis, a PET film maker, is expanding production at plants in Mexico, Brazil and Portugal, the company said.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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

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