Evansville-based plastics maker Berry Global Inc. (NYSE: BERY) is considering an expansion in the city, which could bring 70 new jobs. The Courier & Press reports the multibillion-dollar corporation is considering a $34 million investment to expand its thermoforming product line.
The publication says the company is seeking tax abatement that would be phased in over eight years. The Evansville City Council approved the request, but a confirming vote is set for September 13.
A statement from Berry Global said the company is “considering increasing its thermoforming capacity, which could include an investment in new manufacturing equipment as well as the hiring of additional employees,” and the company “is currently evaluating its location options for the potential project, including our Evansville, Indiana, manufacturing facility.”
The publication says Berry Global expects to decide next month where to place the expansion.
Click here to read the Courier & Press article.