Plastipak Packaging Investing $15M In Central Louisiana

The rigid plastic container manufacturer will add up to seven new plastics production lines at its manufacturing facility in Pineville, LA.


https://businessfacilities.com/2017/06/plastipak-packaging-investing-15m-in-central-louisiana/
The rigid plastic container manufacturer will add up to seven new plastics production lines at its manufacturing facility in Pineville, LA.
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Plastipak Packaging Investing $15M In Central Louisiana

The rigid plastic container manufacturer will add up to seven new plastics production lines at its manufacturing facility in Pineville, LA.

Plastipak Packaging Investing $15M In Central Louisiana

Plastipak Packaging will make a $15 million capital investment to expand production capacity at its manufacturing facility in Pineville, LA. A leader in the production of rigid plastic containers for the food, beverage and consumer products industries, Plastipak will add up to seven production lines to increase capabilities of the site.

Pineville
Photo: Plastipak Packaging

“Plastipak is extremely appreciative of the continued support it has received from Governor Edwards, Louisiana Economic Development, Mayor Fields, CLECO, the local community and many local organizations,” said Plastipak Packaging President and CEO William C. Young. “The Louisiana officials were eager to collaborate with Plastipak’s local and corporate management team in an effort to locate this project in Central Louisiana. Plastipak continues to be impressed with the business-friendly environment in Central Louisiana and the state of Louisiana.”

Plastipak will create 10 new direct jobs, averaging $40,000 per year, plus benefits, and Louisiana Economic Development (LED) estimates the project will result in another 22 indirect jobs, for a total of 32 new jobs. In addition, the company will retain 263 existing jobs at its Pineville facility. This is the second major expansion to Plastipak’s Pineville facility since 2015, when the company announced a $9 million investment for the addition of three new production lines.

Plastipak designs, manufactures and distributes rigid plastic packaging for some of the world’s largest consumer products companies. Headquartered in Plymouth, MI, the company operates more than 27 sites with more than 5,800 employees in the U.S., South America and Europe. Plastipak established a presence in Louisiana with the construction of its Pineville facility in 2003.

“Plastipak’s new investment in its Pineville facility is a testament to the economic climate and highly skilled workforce here in Louisiana,” said Gov. John Bel Edwards. “Louisiana’s business climate is one in which companies can not only make an initial investment, but also thrive and make continued reinvestments and expansions, just like Plastipak is doing today. We are proud and grateful for their continued dedication to Central Louisiana, and we congratulate them on their expansion, which is resulting in new job opportunities for hard-working Louisianans.”

LED began working with Plastipak on plans for the new expansion in May 2017. To secure the project, the State of Louisiana offered a competitive incentive package that includes the services of its LED FastStart® workforce development program. In addition, the company is expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“We are thrilled that Plastipak Packaging is making another investment to strengthen their footprint in Pineville,” said Pineville Mayor Clarence R. Fields. “Plastipak has been a great partner in both economic and community development the past 14 years, and this expansion makes a strong statement that the best is yet to come. Congratulations to the Young family and all the dedicated Pineville employees that make this plant the continued success that it is for Plastipak worldwide.”

Plastipak will begin the installation of the new production lines at its 862,000-square-foot Pineville facility in the third quarter of 2017, with an expected completion by the end of the fourth quarter.

“Our manufacturing base is the key to prosperity in Central Louisiana,” said President and CEO Jim Clinton of the Central Louisiana Economic Development Alliance. “Plastipak is a major contributor to that success and we are pleased to see the company again adding jobs and making new investments. Plastipak is one of the main reasons we can say that Central Louisiana Makes Good Stuff.”

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