EVANSVILLE, Ind. - Evansville-based Berry Plastics on Friday said it would relocate production from out-of-state locations to four spots in Indiana, creating up to 336 new jobs in the Hoosier state, including 280 jobs in two Evansville locations.
Other facilities benefiting from the moves are in Princeton, Ind., and Richmond, Ind., as reported by our sister publication the Evansville Courier & Press .
Jon Rich, Berry's chairman and chief executive officer, said Berry looked at various locations for this investment.
"There were other cities, other states and other countries Berry considered for this," Rich said at a news conference Friday morning.
"Evansville has continued to be the most attractive place to make those investments."
According to a release issued by the Indiana Economic Development Corporation, the company will invest $21 million in new infrastructure and equipment at the four facilities, and another $10 million to transfer existing equipment from locations outside Indiana.
Berry Plastics is a major manufacturer of plastic packaging including containers, bottles, closures, prescription vials, trash bags, duct tape and other packaging materials.
According to the news release: "The Indiana Economic Development Corporation offered Berry Plastics Corporation up to $2,350,000 in conditional tax credits and up to $300,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Evansville will consider additional tax abatement at the request of the Growth Alliance for Greater Evansville."
The city of Evansville also plans to offer some local incentives to Berry, including a 10-year tax phase-in on real property investment, with an estimated value of $1.7 million; and a modified tax abatement on personal property investment, with an estimated value of $2.8 million. The city will also offer a hiring/training grant of up to $100,000.
The first reading for these local incentives is expected to happen at Evansville City Council's Jan. 27th meeting. The incentives will require three readings total before they become official.
The company in November announced it would close five plants in a cost-cutting move. Three of the plants were in Houston; Kent, Wash.; and Alsip, Ill. The other two plant locations have not been reported.
The Alsip, Ill., plant employed 480 people, according to a report by a CBS TV station in Chicago. The Kent, Wash, plant employed 118 people.