Pactiv, the world's largest producer of food service disposables and food packaging, plans a multi-million dollar capital expansion to its manufacturing facility in Corsicana, Texas, with the building of a 150,000 square foot addition, creating an estimated 200 jobs.
This plant at 4501 East State Highway 31 will be the second site in Pactiv's global network that manufactures expanded polystyrene cups and containers.
As an incentive to assist the firm with its expansion, the Texas Enterprise Fund approved a $930,000 grant. "Whether employers are looking to move or expand, Texas continues to compete for jobs and investment in a variety of industries thanks to our low taxes, reasonable regulations, fair courts and skilled workforce," Gov. Rick Perry said. "This TEF investment in Pactiv will help bring 200 jobs and millions in capital investment to Corsicana, further strengthening the local economy and providing opportunity for Texas families."
"The market demand for EPS cups is strong and this will be a great addition to Pactiv's existing, multi-material offering," Pactiv President and CEO John McGrath said. "Our customers will benefit from the opportunity to get a broader assortment of products from us. Texas has been a great place to do business for our company and we thank Texas for its support of our expansion project."
"I am excited that Pactiv, a local partner in Corsicana, has decided to make such a significant expansion," Mayor Chuck McClanahan said. "It's always good when a new company moves to Corsicana, but to have a long-standing strategic company expand its roots in our community is very exciting."