LAKE FOREST, ILL. (Aug. 18, 4:05 p.m. ET) — Pactiv Corp. plans to open a new multi-million dollar plant in Mexico City to better service the growing Mexican market.
According to an Aug. 18 news release from the maker of Hefty trash bags, Lake Forest, Ill.-based Pactiv's foodservice/packaging division will add onto its Mexican holdings with the new plant.
Pactiv already has facilities in Guadalajara and Monterrey supplying cups, foam trays, clear plastic containers and cutlery to the Mexican market.
The proposed new facility will offer a full range of paper, foam and plastic cups and tableware according to the release.
Foodservice/Food Packaging President and CEO John McGrath said the new facility will be operational in the second half of 2012.
Pactiv is a subsidiary of Reynolds Group Holdings Ltd. of Auckland, New Zealand.