Treplar, a joint venture between Turkey’s Klarpet and US-based company Triton International Enterprises, is set to open a food packaging facility West Virginia, US.
The announcement was made by West Virginia Governor Jim Justice during the West Virginia Chamber Annual Meeting and Business Summit on 31 August.
The new packaging plant has been developed with an investment of around $50m.
This strategically planned project had a capital expenditure of $20m, which was allocated for the first year, along with a total investment of $50m until the third year.
As per the Office of Governor media release, the workforce at the new site will initially comprise over 100 full-time employees (FTEs), with plans to employ 600 FTEs by the end of project’s third year.
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Justice said: “The company’s investment in our state and their innovative food packaging production facility is tremendous, and I wish them utmost success in West Virginia. I am honoured to add Treplar to our growing list of companies that recognise West Virginia is the best place to raise a family and build a business.”
The packaging company has already set-up the facility, located in West Virginia’s Berkeley County, deployed new equipment and hired initial skilled workforce.
The production activities are slated to commence in the coming months.
Treplar’s main focus and expertise is to develop sustainable and environment-friendly food-packaging solutions that are made using majority of recycled materials.
Currently, the company is assessing a new generation of 100% home compostable food packaging material.
The company is also planning to roll out a new sustainable products range to cater to the needs of retailers across North America.
Treplar president Murat Ogulcan said: “This venture exemplifies our commitment to producing sustainable and eco-friendly packaging materials and addressing critical waste challenges for the retail food industry.
“Together, with the great state of West Virginia, we aim to revolutionize the industry and set new benchmarks for sustainability.”