Market Overview

Berry Plastics to Relocate Manufacturing Equipment to Indiana Facilities

Today, Berry Plastics Group, Inc. (NYSE: BERY) announced plans to
further optimize production and relocate manufacturing equipment to four
of its Indiana manufacturing operations. The Company will invest
approximately $31 million for new infrastructure and equipment, and will
also transfer existing equipment from other Berry Plastics facilities.
The project will begin in early 2014 and will result in the addition of
more than 330 production jobs, over the next two years, at the Company's
downtown Evansville, Evansville airport, Princeton, and Richmond
facilities located within Vanderburgh, Gibson, and Wayne counties in
Indiana.

"The relocation of production equipment to Vanderburgh, Gibson, and
Wayne counties from other Berry facilities supports our restructuring

See full press release

Posted-In: News Guidance Offerings Contracts Management Global

 

Related Articles (BERY + Bery)

Around the Web, We're Loving...

Get Benzinga's Newsletters