ABX Innovative Packaging Solutions Expands Macedon, New York, Plant Operations
The company will update its existing equipment, purchase new equipment and undertake infrastructure improvements to accommodate the expansion of its green solution flexible packaging manufacturing operation. The project will include the addition of six new bag lines and the relocation of a portion of its operations to another building located at the company’s Main Street manufacturing campus.
“We offer a unique suite of flexible, sustainable packaging options for customers in consumer, healthcare and specialty markets. Flexible packaging offers exceptional environmental benefits because it uses less energy and fewer resources than other forms of packaging,” said Larry Goldstein, CEO of ABX.
ESD is supporting this transformative project with up to $1.35 million through the Excelsior Tax Credit program in exchange for job creation commitments. The New York Power Authority, pending approval by its Board of Trustees tomorrow, is supporting the expansion with more than 2.4 megawatts of low-cost power from the ReCharge NY program. Rochester Gas & Electric, Wayne County industrial Development Agency and Greater Rochester Enterprise are also assisting the expansion project. The total project cost has been placed at a little more than $12.2 million.
“ABX Innovative Packaging Solutions is yet another company that is choosing to expand in the Finger Lakes, thanks to the region’s unique assets and a talent pool that supports success,” Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler. “The expansion also reflects how our strategic incentives for forward-thinking projects like this one strengthen the economy and create good-paying jobs, in Wayne County and across the state.”
Headquartered in Charlotte, North Carolina, ABX has approximately 900 employees nationwide. In addition to its Wayne County location, the company also maintains operations in Georgia, Illinois, Louisiana & Wisconsin.
Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “ABX Innovative Packaging Solutions will leverage the Greater Rochester, NY region’s exceptional talent, packaging assets, and expertise to expand Macedon, NY. The GRE team connected ABX Innovative Packaging Solutions to local resources to accelerate their business growth plans.”
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