Pratt Industries is set to commence construction on a new $52m corrugated box factory in the US state of Wisconsin to expand capacity.
This is the seventh major expansion initiative by the company in 2014.
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To be spread over an area of around 350,000ft², the proposed facility will be capable of producing nearly 600t of recycled boxes per day.
The plant will convert corrugated container board produced at Pratt’s recycled paper mills into sheets and convert those sheets into finished boxes for distribution throughout the Midwest and beyond.
Expected to be fully operational by January 2016, the plant will create 140 full-time jobs.
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Pratt chairman Anthony Pratt said: "This plant will be our first ever in the great state of Wisconsin and is a perfect fit with our aggressive growth strategy to increase our manufacturing footprint and capabilities in the Midwest.
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By GlobalData"We can’t wait to open for business here and I’d like to thank Governor Walker, as well as officials at the Wisconsin Economic Development Corporation and representatives of both Rock County and the City for Beloit for their can-do attitude and willingness to welcome and work with new businesses."
Wisconsin Governor Scott Walker said: "I’m pleased that Pratt Industries, after seriously considering sites in three other Midwest states, has decided to locate the new facility in Wisconsin."
The new eco-friendly plant will use 100% recycled paper in its box-making process, latest technologies in water reclamation and will also eventually reduce discharge into the local sewer system to zero. All fork lifts and grab trucks will operate on compressed natural gas instead of propane, further aiding in reduction of carbon footprint.
Besides the corrugated box factory, the company also plans groundbreaking on a $260m recycled paper mill, start up of two recycling facilities and a display packaging plant, the official opening of a box plant similar in size to the proposed Wisconsin operation and the acquisition of a display company in Tennessee.
Image: Pratt Industries’ planned Wisconsin facility will be similar to company’s plant in Lewisburg, Ohio, opened earlier this year. Photo: courtesy of Pratt Industries, Inc.
