Federal Package Network Invests $7.2 Million In Chanhassen, Minnesota, Operations
Currently headquartered in Chaska, the company will move to expanded space in the new Powers Pointe multi-tenant facility, located on Powers Boulevard just south of Highway 5. The firm’s $7.2 million investment in a state-of-the-art building will enable it to meet expansion and profitability goals.
As an incentive, the Minnesota Department of Employment and Economic Development will award Federal Package Network $147,161 from the Minnesota Job Creation Fund if the company completes its investment and hiring goals.
“We congratulate Federal Package Network on this expansion and thank them for their continued investment in Minnesota,” said DEED Commissioner Katie Clark Sieben. “This project brings new jobs and investment to Chanhassen and will position the company for continued growth.”
Federal Package Network, which has been working with some of the world’s top drug, health and beauty brands since 1976, specializes in manufacturing, filling and decorating containers for lip balms, sunscreen sticks, adhesives, cosmetics, and other health and beauty aids products.
Chanhassen Mayor Tom Furlong said Federal Package Network decided to stay in the southwestern metro after conducting a nationwide search to find the best place in the country to move the business. “This will allow Federal Package Network to continue to grow and operate a first-class business for their customers and employees. This expansion plan will only help us as a community as we continue to work on expanding our diverse business base in Chanhassen.”
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