C&M Fine Pack Inc. is investing $28 million toward a plant and equipment expansion at its Fort Wayne, Ind., facility, where it produces thermoformed dinnerware and other food containers.
The San Bernardino, Calif., company said it plans to double the Indiana plant's manufacturing capacity and work force by next year. C&M currently employs 25 at the facility, which the company plans to expand by 118,000 square feet.
Local tax abatements on buildings and machinery are helping to make the expansion possible, said C&M Chief Financial Officer Marvin J. Courtney. He would not disclose details.
The building expansion is estimated to cost $6 million; the thermoforming and extrusion equipment calls for an investment of about $22 million. Construction is to begin by mid-August, and the revamped facility should be operational by next summer, Courtney said. The facility has been operating in Fort Wayne since 1990.
C&M is a spin-off of a merger between packaging company Chuo Kagaku Co. Ltd. of Kounosu, Japan, and Mitsubishi Corp. of Tokyo. The U.S. operation serves primarily food service and retail markets.
Courtney would not disclose sales information.