ASHWAUBENON, WI (WTAQ) - Green Bay Packaging is starting an estimated $95 million expansion at an Ashwaubenon location.
The company’s Coated Label Products Division will double in size at its South Ridge Road plant with the addition of 300,000 square feet of space.
Construction is expected to start in mid-to-late July according to the Green Bay Press-Gazette. It will be operational by the first quarter of 2015.
The Coated Label Products Division employs around 280 people. Green Bay Packing senior Vice President Martin Olson says the project will not create new jobs, but it will ensure existing jobs remain.
The project includes new production equipment which will replace some equipment that is three decades old. The addition will also expand warehouse space, and includes an automated storage and retrieval system.
The project is eligible for nearly $2 million in tax credits from the Wisconsin Economic Development Corporation and the Village of Ashwaubenon has committed $1 million in funds from the tax-increment financing district.