IN: Berry Global to Invest $70M, Expand Mfg, Add 150 Jobs in Evansville
14 Mar, 2018
Berry Global Group, Inc. announced plans to expand its manufacturing facility in downtown Evansville, creating up to 150 new jobs by 2020.
“Global manufacturing companies like Berry Global continue to build products in Indiana that power the world,” Governor Eric J. Holcomb said. “With ongoing growth and job creation in Indiana, it’s clear Berry Global has found a winning solution in our state, taking advantage of our low-cost business environment and skilled workforce. We look forward to witnessing Berry Global's success in Indiana for years do come and we’ll do our part to ensure Indiana is the best place to live, work, play and stay.”
The company, which employs approximately 3,200 employees in Indiana and approximately 24,000 worldwide, will invest more than $70 million for new equipment, adding four new thermoforming lines to produce plastic packaging at its manufacturing facility in downtown Evansville.
“We are very pleased to be expanding production at our downtown Evansville facility, and would like to thank officials from the city of Evansville and the state of Indiana, for their ongoing support of our growth initiatives,” said Tom Salmon, chairman and chief executive officer of Berry Global. “Because of support such as this we are able to, in turn, meet our customers’ increased demands, while providing fulfilling and competitive jobs to local residents.”
The Indiana Economic Development Corporation offered Berry Global up to $1,500,000 in conditional tax credits based on the company's job creation plans and up to $100,000 in training grants. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
“The city of Evansville is honored to be the home of Berry Global, and we look forward to continuing our strong partnership with the worldwide leader in plastics manufacturing and marketing,” said Evansville Mayor Lloyd Winnecke. “I’m personally grateful to the commitment of Chairman and CEO Tom Salmon for his continued belief in Evansville. Berry Global has invested hundreds of millions of dollars in new technology in our city over the past five decades, creating new jobs with each new investment. Our administration is proud of Berry Global's dedication to Evansville, both in terms of job creation and community involvement.”
About Berry Global
Berry Global Group, Inc. (NYSE:BERY), headquartered in Evansville, Indiana, is committed to its mission of ‘Always Advancing to Protect What’s Important,’ and proudly partners with its customers to provide them with value-added, protective solutions. The Company is a leading global supplier of a broad range of innovative nonwoven, flexible, and rigid products used every day within consumer and industrial end markets. Berry, a Fortune 500 company, generated $7.1 billion of sales in fiscal 2017. For additional information, visit Berry’s website at www.berryglobal.com.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.