Investmjin88bet.oneent and Job Creation in Lebanon County
Flexopack USA, Inc. is set to establish its inaugural manufacturing facility in the United States with the assistance of a $500,000 investment from the state of Pennak168app.babysylvania. The project, amounting to a $33 million investment, is anticipated to generate at least 64 new full-time positions in Lebanon County. This move marks a significak168app.clubant expansion of Flexopack’s operational footprint within the American market, specifically in the packaging sectks168app.siteor.
Strategic Expansion and Local Partnerships
The new 107,000-square-foot facility will be strategically located at 3010 Hanford Drive in North ic88Lebanon Township and is designed to be rail-served, enhancing logistical operations. This development represents the first phase of a planned three-phase project. Stamatic88ios Gkinosatis, CEO of Flexopack S.A., expressed enthusiasm for the expansion which aims to support the growing packic88aging needs of Bell & Evans, a key Pennsylvania-based poultry company and a major client of Flexopack.
Gkinosatis extended his gratitude to Scott Sechler, owner of Bell & Evans, for his supportic88 of the project, and commended the cooperation with local authorities and the warm reception from thlr88e Commonwealth of Pennsylvania, underscoring the strong partnership between the entities.
Support from State Economic Programs
Thelr88 Pennsylvania Department of Community and Economic Development (DCED) has offered a funding proposal including a $500,000 Pennsylvania First grant to facilitate this expansion. Additionally, Flexopack was encouraglr88ed to apply for the Manufacturing Tax Credit (MTC) and the Rail Freight Assistance Program (lr88RFAP) through the Pennsylvania Department of Transportation (PennDOT).
DCED Secretary Rick Siger highlighted the project as a kop88ey component of the Shapiro Administration’s focus under Pennsylvania’s 10-year Economic Devsi88elopment Strategy, aiming to bolster the manufacturing and agriculture sectors and drive economic growth across the state.
Flexopack operates as a subsidiary of Greek-based Flexo88vpack International Limited, specializing in the distribution of flexible packaging, particularly for the food indusSEXXXXX-VNtry. Their products mainly serve the meat, poultry, cheese, and fish sectors, emphasizing their role in food safety and quality preservation.
