The company is a flexible-packaging converter that specializes in flexographic and gravure printing, multiply extrusion and adhesive lamination of film, paper, and foil, and pouch and bag fabrication to meet a variety of requirements.
According to state officials, the expansion also means that the 170 employees currently working at the company's plant in Rochester, NY, will remain on the job. The company plans to break ground on its new plantin early 2017.
American Packaging will invest nearly $170 million in this project, with Empire State Development providing the company with up to $14.7 million through performance-based Excelsior Jobs Program tax credits and Upstate Revitalization Initiative grants. Rochester Gas and Electric also facilitated the project by providing the company with up to $870,000 in grant funding for electric and gas infrastructure. Monroe County also contributed to the venture by providing tax exemption benefits through COMIDA.
American Packaging President/CEO Peter Schottland says, "The decision to invest such a significant project scale into New York State was a complex one indeed. In the end, three factors led us to this exciting announcement. Firstly, the quality of the work ethic in New York is much like that of the Midwest, full of great people who deeply care about the well-being of their company. Our current APC families working in New York are second to none and finally the Cuomo administration fought aggressively to get us to make this investment. Thank you to our APC people, NY Governor Cuomo and his team for helping us make this truly exciting project come to fruition."
Empire State Development President, CEO and Commissioner Howard Zemsky adds, "American Packaging’s decision to continue their growth in New York State is a tribute to the economic opportunities available here for companies looking to take their business to the next level. Under Gov. Cuomo’s leadership, New York State has significantly improved the business climate, resulting in job creation which fuels economic opportunities."
American Packaging had initially planned to construct the new manufacturing plant near its facilities in Iowa, New York officials said. However, thanks to Cuomo's emphasis on Upstate revitalization through the Finger Lakes Forward strategic plan, as well as other local support efforts, it decided to stay and expand in the Finger Lakes region.