Sealed Air Corp.'s Cryovac Division plans to open a shrink film plant in Arkansas by early next year, according to state and local officials.
The company will launch a 165,000-square-foot plant in Rogers, employing about 100 people by the time production starts in early 2004, said Andy Mayberry, spokesperson for the Arkansas Department of Economic Development in Little Rock, Ark.
The facility will extrude shrink film for food packaging applications in poultry, pork and beef products, Mayberry said. The investment by Cryovac was not disclosed. Sealed Air and Cryovac officials could not be reached.
The Rogers site, in an industrial park in northwest Arkansas, will sit in one of the nation's fastest-growing regions, said Raymond Burns, president and chief executive officer of the Rogers-Lowell Area Chamber of Commerce in Rogers, Ark. Corporate giants such as Wal-Mart Stores Inc. and Tyson Foods Inc. are headquartered in that region, Burns said.
Cryovac, based in Duncan, S.C., chose the site after conducting a four-state search, Mayberry said. The state of Arkansas offered the company an incentive program that includes both training grants, and refunds on income, and sales and use taxes based on hourly wages paid, Mayberry said. The city of Rogers agreed to improve roads and rail spurs around the site, Burns added.
Sealed Air, based in Saddle Brook, N.J., recorded $3.2 billion in 2002 sales. Its Cryovac Division recently opened a plant at its Duncan campus to make polyolefin-based pharmaceutical films.