Packaging conglomerate Berry Plastics Corp. plans to invest more than $20 million in a new headquarters in Evansville, Ind.
Berry and local officials announced the plan Oct. 30, saying it will create 250 jobs in Evansville. The new facility will be in the same neighborhood as Berry's existing head office.
Chief Operating Officer Brent Beeler said by phone that the project does not include a budget for more machinery. The plan will consolidate head-office functions in Evansville following acquisitions this year of Covalence Special Materials Holding Corp. of Bedminster, N.J., and Rollpak Corp. of Goshen, Ind. Berry has grown to a $3.1 billion company employing more than 12,600 in 55 plants.
The firm is still buying land, and architects have not decided on the size of the building. Also undecided is how many sales and administrative staff will relocate from satellite offices. The Evansville head office and plant now employ about 1,200.
Indiana Economic Development Corp. is offering Berry as much as $4.7 million in performance-based tax credits and up to $200,000 in training grants. The state will give the city a grant of up to $94,000 for infrastructure, and the city will provide property tax abatement and help with land purchase, building demolition and environmental activities.