Phoenix Packaging Operations LLC plans to expand its manufacturing facility in Pulaski County, creating another 100 jobs.
The company, which manufactures plastic packaging for U.S. customers, established its North American headquarters in the U.S. in Pulaski in March. Phoenix Packaging announced Tuesday that it will spend $17.5 million to expand the plant. Over the course of three years, the expansion should generate an additional 340 jobs total, according to company officials.
Phoenix Packaging is a division of Grupo Phoenix, based in South America. It produces products for plastic cups used in Keurig coffee machines for Green Mountain Coffee Roasters and yogurt containers for AgroFarma.
“Once we had [Gov. Bob McDonnell’s] support, the local and state agencies fell in line and honestly speaking, Virginia was the place for Phoenix Packaging Operations,” Albreto Peisach, president and CEO of Grupo Phoenix, said in a statement. “From the standpoint of geographical location, logistics, qualified work force, energy costs, and rail service, Pulaski was the right county.”
McDonnell approved using $350,000 from the Governor’s Opportunity Fund to help Pulaski with the project.
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