Printpack to make $40M investment in PV plant
Printpack, a manufacturer of flexible packaging products, will make a major investment in its Prescott Valley, manufacturing plant, according to Printpack’s Chairman and Chief Executive Officer, Jimmy Love, who made the announcement during a recent visit to the plant.
The Atlanta, Georgia-based company expects to invest more $40 million in a plant expansion and state-of-the-art printing, laminating and finishing equipment over the next nine to 12 months with a targeted completion date of early 2019.
“We are excited to announce this major investment in the Prescott Valley facility. We have been very pleased with our workforce here for many years, and we are committed to providing our associates with the best technology available in our industry,” Love said.
The local plant produces flexible packaging for a variety of markets and customers competing primarily in the food sector.
“Printpack opened our doors in Prescott Valley in 1991. We are proud to boast that along the way Printpack has been a two-time recipient of the Arizona Manufacturer of the Year. We are also proud to call Prescott Valley home. Many of our associates have enjoyed long and successful careers, being active members of our community,” said Lonnie McKinley, plant manager for Printpack.
“With the expansion and growth of our business we are confident this trend will continue. We will see more employment opportunities for our community in the near future,” said Lonnie McKinley, Plant Manager for Printpack.
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