Berry Global Group is planning to expand its manufacturing operations in downtown Evansville, Indiana, US by investing $70m in new equipment.
“Global manufacturing companies like Berry Global continue to build products in Indiana that power the world,” Gov. Eric J. Holcomb said. “With ongoing growth and job creation in Indiana,it’s clear Berry has found a winning solution in our state, taking advantage of our low-cost business environment and skilled workforce. We look forward to witnessing Berry’s success in Indiana for years to come and we’ll do our part to ensure Indiana is the best place to live, work, play and stay.”
The Company will be hiring to fill the newly created openings, which include both entry-level manufacturing and skilled trade positions.
“We are very pleased to be expanding production at our downtown Evansville facility, and would like to thank Mayor Winnecke, along with other officials from the City of Evansville and the State of Indiana, for their on-going support of our growth initiatives,” said Tom Salmon, Chairman and CEO of Berry. “Because of support such as this we are able to, in turn, meet our customers’ increased demands, while providing fulfilling and competitive jobs to local residents.”
To encourage the investment and job creation, the Growth Alliance for Greater Evansville recommended to the Evansville City Council an incentive package including a Modified Schedule of Tax Phase-In on personal property investments the company intends to make and a grant, not to exceed $100,000 for training assistance; requiring 50/50 match and applicable only to Evansville residents hired over the first 3 years of project implementation. On February 26, 2018, the City Council unanimously approved the incentive package.
“The City of Evansville is honored to be the home of Berry Global, and we look forward to continuing our strong partnership with the worldwide leader in plastics manufacturing and marketing,” said Evansville Mayor Lloyd Winnecke. “I’m personally grateful to the commitmentof Chairman and CEO Tom Salmon for his continued belief in Evansville. Berry has invested hundreds of millions of dollars in new technology in our city over the past five decades, creating new jobs with each new investment. Our administration is proud of Berry’s dedication to Evansville, both in terms of job creation and community involvement,” Winnecke added.
The Indiana Economic Development Corporation offered the company up to $1,500,000 in conditional tax credits based on the company's investment and job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.