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Article: NEWSCLIPS.(News)
- Article from:
- Plastics News
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Berry invests $20M to upgrade tape plant
EVANSVILLE, IND. Berry Plastics Corp. is investing $20 million in its Franklin, Ky., plant as part of a capital-improvement plan to replace antiquated equipment with new energy-efficient machines, the company announced Sept. 29.
The 53-year-old plant, which employs 500, makes duct and automotive tape, and other related tape products.
The Kentucky Economic Development Finance Authority has preliminarily approved $10 million in tax incentives under the Kentucky Industrial Revitalization Act for the project.
"Knowing that we can make the investment in the plant, because the state is making an ...