Alliance Barrier Films Invests $16 Million To Expand Its Washington, Indiana, Manufacturing Facility
Area Development Online News Desk (09/19/2013)
Alliance Barrier Films, a high-barrier film processor for polyolefin products, plans to invest $16 million to expand its Washington, Indiana, manufacturing center, creating up to 48 jobs by 2016.
Alliance Barrier Films uses coextruded film technology to produce high-barrier blown films for use in food and converter packaging, The company will construct and equip a 17,600 square-foot facility located at the Interstate 69 and State Road 50/150 interchange in Washington. As part of the project, Alliance Barrier Films will purchase additional manufacturing equipment that will have the capability to produce flat, gauge band free films for demanding requirements and applications. It plans to begin hiring and training additional manufacturing associates by the end of the year.
"We believe in the future and we are investing in the future," said Tom Huff, Owner of Alliance Barrier Films. "Indiana's workforce has been a valuable resource and our ability to produce innovative, cost effective, high quality films will be unparalleled in the industry. I have a long and very successful history with Daviess County, Indiana and I look forward to continuing these relationships and successes in the future."
"Indiana has established itself as an advanced manufacturing leader," said Eric Doden, president of the Indiana Economic Development Corporation. "Indiana is home to a skilled manufacturing workforce, experienced in designing, building and engineering. Coupled with our low tax, pro-growth business environment, businesses like Alliance Barrier Films know that Indiana is a state that works for business."
The Indiana Economic Development Corporation offered Alliance Barrier Films up to $250,000 in conditional tax credits and up to $50,000 in infrastructure improvements based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the city of Washington approved additional property tax abatement at the request of Daviess County Economic Development Corporation.
"It is particularly good for Washington and Daviess County that we were able in this joint project to facilitate Alliance Barrier Films' expansion," said Washington Mayor Wellman. "Tom and his companies have done well in this specialized field of blown film manufacturing, which fits well for other packaging and manufacturing needs in the region."