Pliant Corp. will invest $1.5 million to expand its production capacity in Odon, Ill., officials said in a July 10 news release.
The Schaumburg, Ill.-based company, which supplies packaging films and wraps for the food and beverage, pet supplies, personal care and automotive markets, will add two multilayer blown film extrusion lines at the plant, and will add 12 employees by 2010.
Pliant, which employs about 35 in Odon, will begin hiring machine operators, maintenance and shipping personnel to meet increased production demands later this summer.
The Indiana Economic Development Corporation gave Pliant up to $45,000 in performance-based tax credits and up to $17,000 in training grants based on the company's job-creation plans. Daviess County will provide property tax abatement.
``Odon has been one of our most productive plants in terms of efficiency and this [expansion] fits into our overall strategy of consolidating the high-cost parts of our operations and growing the areas where we can provide the best service to our customers,'' spokesman Steve Auburn said in a July 10 telephone interview.
Pliant employs about 2,900 globally at more than 20 manufacturing sites. With brands including Bullseye, Stratos and Crystal Cling, the company's annual sales exceed $1 billion.
The company is reorganizing its film manufacturing operations. Pliant in May announced plans to close facilities in Deerfield, Mass.; Dalton, Ga.; Harrington, Del.; and Newport News, Va., while it upgrades 100 million pounds of capacity at other locations.