Plastic film extruder and converter American Packaging Corp. plans to open a plant in Cedar City, Utah, that will employ 135 people within 10 years.
The Utah Governor's Office of Economic Opportunity announced the project July 8. American Packaging is a family-owned company based in Rochester, N.Y. The company has five U.S. factories and two innovation centers.
Utah officials said the project will cost $126.8 million.
American Packaging, which was founded in 1902, makes flexible packaging for food, personal care, medical, pharmaceutical and industrial products customers in the United States and Canada.
"This new location enables us to be closer to and collaborate directly with customers in the western United States," President Jeff Koch said in a news release. "Our facility will include world-class print media technologies to support customers' unique packaging needs and deliver final products that distinctly stand out on the shelf."
American Packaging has plants in Rochester; DeForest and Columbus, Wis.; Churchville, N.Y.; and Story City, Iowa. Its capabilities include digital printing, laminating and coating, flexographic printing and laminating, bag and pouch converting, and rotogravure printing and laminating.
The state has approved a tax credit of up to $661,260, as well as a grant of up to $75,000 for infrastructure-related expenses. The company can also earn up to 25 percent of the new state taxes it will pay over the 10-year life of the agreement through economic development tax increment finance tax credits.