Corrugated display and packaging manufacturer Menasha Packaging will invest $7 million in an expansion of its operations in Lakeville, Minnesota
. The company plans to add about 126,000 square feet at its manufacturing facility in the Airlake Industrial Park, 8085 220th St. W., where it has operated since 1969.
The company specializes in graphic consumer packaging, merchandising, corrugated packaging, food packaging, shipping containers and material handling. “Our priority continues to be to meet and exceed the needs of our broad customer base,” said Menasha Packaging Regional Vice President Greg Theis. “The expansion in Lakeville will support our growth, and I am extremely pleased with the assistance from DEED.”
As an incentive, Minnesota Department of Employment and Economic Development
is assisting the company with the expansion by providing $422,520 from the Minnesota Job Creation Fund
. Menasha Packaging will receive the funding once it has completed the expansion and added the jobs.
“This important expansion will create 15 new jobs and deliver a 16-to-1 return on the state’s investment,” said Governor Mark Dayton. “I thank Menasha Packaging for its commitment to Minnesota, and congratulate the company and its employees on their continued success.”
“I want to thank Menasha Packaging for being a part of the Lakeville community for the past 45 years and for choosing the city for its latest expansion project,” said DEED Commissioner Katie Clark Sieben. “The company is growing rapidly and adding 15 good-paying jobs that will help the local economy.”