Consultants Forum    |   FacilityLocations    |   FastFacility    |   Advertise    |   Subscribe    |   Newsletter    |   RSSRSS
Area Development
Subscribe
Current Issue
Past Issues
State Resources
  
Topics
Asset Management
Business Globalization
Economics/ Government Policy
Energy/Sustainable Development
Labor/Education/HR
Logistics/Infrastructure
Site Selection/Facility Planning
Taxes/Incentives
Special Presentations
Annual Corporate & Consultants Survey Results
Annual Gold Shovel Economic Development Awards
Economic Developers Directory
Leading Metro Locations
Top Site Selection Factors
Top States for Doing Business
Market Reports
Aerospace
Automotive
Biotech
Food Processing
High Tech/Nano/Electronics
Medical/Pharmaceutical
Other Industries
Plastics
Inward Investment Guides
Location Canada
Location USA
Departments
Front Line
International Location Reports
Location Notebook
News Items
Studies/Research/Papers
U.S. Regional Reports
Viewpoint
Services
Consultants Forum
Newsletter  |  RSS RSS
Subscribe to Area Development Magazine
Advertise
About Us
Contact
Related Sites
FastFacility
FacilityLocations
Consultants Site Guide
FastGIS
Newsletters
Email Address*
Primary Industry
Pactiv Invests More Than $9 Million To Expand Facilities In Two North Carolina Cities
Area Development Online News Desk (07/16/2013)
Pactiv, LLC will invest more than $9 million to expand its manufacturing facilities in Lenoir and Iredell counties, as part of a project expected to create 77 jobs in the city’s of Kinston and Mooresville, North Carolina.

Headquartered in Illinois, Pactiv is a leader in the foodservice and food packaging markets. Pactiv’s current product lines include custom and stock foam, plastic, aluminum, pressed-paperboard, PE coated board and molded-fiber packaging. These products supply packers, processors, supermarkets, restaurants, institutions and foodservice outlets around the world. Pactiv currently employs more than 850 people in North Carolina.

“We are excited about this expansion,” said Pactiv President and CEO John McGrath. “We are committed to meeting our customers’ needs and growing the business in communities where there is a good business climate and a skilled and available workforce. Thank you to the state of North Carolina for their unwavering support of our expansion plans.”

“Manufacturers like Pactiv recognize that our state’s workforce is second to none,” said Gov. Pat McCrory. “We must continue to support education and job training programs that will help companies produce more goods with the ‘Made in North Carolina’ logo.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $103,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.

Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Mooresville-South Iredell Economic Development Corporation, Lenoir County Economic Development Corporation, Iredell County, Lenoir County, Town of Mooresville and the City of Kinston.

Article Discussion
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
Honeywell Aerospace To Establish Production Facility In Moca, Puerto Rico
04/23/2014
Miller’s Minuteman Press Expands Its Owings Mills, Maryland, Headquarters-Operations Center
04/23/2014
Austrian-Based voestalpine Group Begins Construction Of Direct Reduction Plant Near Corpus Christi, Texas
04/23/2014
3M Plans $18.7 Million Expansion Project At Its Nevada, Missouri, Manufacturing Center
04/23/2014
Sierra Peaks Corporation Invests More Than $3 Million In Two Camden, Maine, Manufacturing Facilities
04/23/2014
Frost-Arnett To Expand Its Campbellsville, Kentucky, Operations Center
04/23/2014
Novozymes Invests More Than $36 Million To Expand Its Cary, North Carolina, R&D Center
04/23/2014
AddThis Feed
Email Tips: Send Us Business Expansion or Relocation News
<< More Recent Next >>
Top Performing Airports in 2014 for Air Cargo and Industrial RE
Area Development Online Research Desk
10th Annual Survey of Site Selection Consultants: Economy on a More Continuous Growth Track
Area Development Magazine Special Presentation
28th Annual Survey of Corporate Executives: Availability of Skilled Labor New Top Priority
Area Development Magazine Special Presentation
Manufacturers Surveyed in Q4 2013 Optimistic About the 2014 Economy
Geraldine Gambale, Area Development Magazine
The Need for Increasing the Capacity of Public Transportation Infrastructure
Area Development Online Research Desk
New Technologies Transforming Manufacturing, Changing Competition
Area Development Online Research Desk
C-Suite Must Show Higher Awareness and Involvement in Pursuing Tax Credits & Incentives Opportunities
Area Development Online Research Desk
JLL: The State of Industrial Real Estate
Aaron Ahlburn, Jones Lang LaSalle
How E-Commerce Is Changing the Face of Industrial Distribution Center Real Estate
Richard H. Thompson, Jones Lang Lasalle
Five Tax Reform Measures to Boost U.S. Investment and Economic Growth
Area Development Online Research Desk
All Studies/Research/Papers

Share