Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Russian-based Westpack Invests $4.49 Million In Covington, Kentucky, Bottle Decorating Packing Complex

02/11/2013
Westpack, a Russian-based bottle decorating and packaging company, plans will invest $4.49 million to establish a 126,000 square foot manufacturing center in Covington, Kentucky, creating 63 full-time jobs.

Westpack, new subsidiary of UniPack Group, is a full service glass container decorating and packaging company serving the alcohol beverage industry. In addition to bottle decorating and packaging, the facility will be sufficiently machined and equipped to provide short-run decorations for special events and promotions.

Gov. Steve Beshear said; “The Commonwealth is thrilled to partner with Westpack to see the creation of more than 60 jobs and an investment of nearly $4.5 million,” Beshear said in a statement. “We’re especially proud that a company from Russia has chosen Kentucky to do business, a testament to the ideal logistics and strategic location here in the Commonwealth.”

“Westpack is in the business of grabbing attention, and they certainly are turning heads here, choosing northern Kentucky over anywhere in the world,” Lt. Gov. Jerry Abramson said. “This is a tremendous day for this area and the Commonwealth as a whole, showing Kentucky makes a perfect home for major companies from across the globe.”

As an incentive to encourage the investment and job creation in Covington, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.5 million through the Kentucky Business Investment program.

“We are told that large companies, especially international companies, look for places that are known for their diversity and inclusiveness when establishing new locations,” said Covington Mayor Sherry Carran. “Covington is gaining a reputation for those very desired characteristics, and I believe it is why Westpack chose Covington for its new manufacturing plant. Westpack locating here is a boost to the momentum we have been experiencing and a boost to our Latonia neighborhood. We are honored to welcome Westpack to Covington.”

RELATED TOPICS AND ARTICLES

Exclusive Research