Sonoco Flexible Packaging is all set to invest $9.7m in a bid to expand its Morristown, Tennessee, facility in the US.
Expected to create 26 new jobs in Hamblen County, the expansion will include upgrades for the facility and the addition of a new rotogravure press in the company's flexible packaging division.
Tennessee Economic and Community Development commissioner Bill Hagerty said Sonoco has operations in more than 30 countries around the world, and its decision to further invest in Morristown is thanks to the state's location and transportation infrastructure.
"In today's globally competitive environment, Tennessee continues to be a solid choice for incumbent industries to grow and expand," Hagerty said.
As part of the expansion, the company will add next-wave technology at its facility that will allow it to better address the changing needs of its consumer goods clients.
Sonoco's new equipment, which will allow the company to offer flexibility, speed and quality demanded by its customers, is expected to start producing commercial products from 1 September 2013.
Sonoco Flexible Packaging vice president Bob Puechl said: "If you have been in a supermarket or any other retail outlet lately, you have seen the great increase, not only in the variety of products, but in the variety of packaging in terms of sizes, colors, shapes and types."
The company, which has 349 operations in 35 countries, has had a presence in Morristown since 1992.
Global provider of various consumer packaging, industrial products, protective packaging and packaging supply chain services, Sonoco has annualised net sales of about $4.8bn.
The Tennessee Department of Economic and Community Development aims to develop strategies and works with Tennessee companies to facilitate expansion and economic growth.
Image: Sonoco's expansion will include upgrades for the Morristown facility. Photo courtesy of Sonoco.