Bardstown, Ky. — Label and pouch converter American Fuji Seal Inc. is investing $52 million in a new plant in Hickory, N.C.
The plant will employ up to 101 workers, according to a news release from Gov. Roy Cooper.
American Fuji Seal is based in Bardstown and makes shrink-sleeve labels, self-adhesive labels, spouted pouches and packaging. Established in 1975, the company is part of Osaka, Japan-based Fuji Seal International and also has plants in Jeffersonville, Ind., and Mexico City.
"The expansion will further enhance our position in the market as a total packaging solutions provider and the global leader in shrink sleeve labels," President Akikazu Yada said in the release.
Positions at the new Catawba County facility will include press operators, product engineers, quality control specialists, graphic artists and management staff.
A state Job Development Investment Grant will pay the company up to $765,000 over 12 years, based on the company reaching job creation and investment targets.