Spanish manufacturer of plastic packaging products CTL Packaging has chosen US-based construction firm Red Rock to develop a new $58.5m facility for the company at Gastonia Technology Park in Dallas, North Carolina.
First phase of the construction at the 226,000ft² plant is expected to start this month.
The second and third phase should increase the property’s size to 400,000ft² and 600,000ft², respectively.
The firm stated a $3.7m incentive from the county, city and state also helped it to secure the project.
CTL Packaging USA, a subsidiary of CTL TH, manufactures plastic packaging products for the cosmetics, personal care, food and pharmaceutical industries.
CTL TH is a privately held Spanish company with manufacturing facilities in Spain and France.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData