US-based food packaging manufacturer Genpak is planning to expand its operations in Columbus, Ohio, which will create 14 new jobs.
The expansion will see an investment of approximately $12.8m, Columbus Business First reported.
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Work under the expansion includes the addition of a 200,000ft² warehouse, as well as purchase of new machinery and equipment. The expansion also includes investment in inventory and improvements to the existing building, new furniture and fixtures.
The project is expected to be completed by December 2016.
Columbus City Council will provide incentives for Genpak and affiliate company Jim Pattison Developments. A ten-year, 75% tax abatement will be provided to save GenPak $1.27m over its term or approximately $127,200 a year.
If approved, this will be the company’s second incentive award to expand. Earlier in 2006, the company received a six-year, 30% tax break valued at $29,000 from the state and an eight-year, 65% tax credit worth $56,000.
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By GlobalDataOwned by Jim Pattison Group, Genpak operates 18 facilities in the US and Canada.
Genpak manufactures and sells single-use food packaging products that are made from plastic, foam, compostable and biodegradable materials. It offers plastic dinnerware, paper cone cups, microwave-safe containers, compostable products, disposable dinnerware, drinking cups, serving bowls, school food trays, oven-ready bakery and food trays, disposable plastic plates and foam bowls.
The company serves retail, food processing, and food service industries. Its products are available online and through a network of distributors in the US.
