Pratt opens box plant in Wisconsin

Pratt opens box plant in Wisconsin
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Pratt Industries, headquartered in Conyers, Georgia, has officially opened its newest corrugated box plant in Beloit, Wisconsin. The company invested $60 million on the facility.

On hand for the official ribbon cutting was Wisconsin Governor Scott Walker, who joined leaders and employees of Pratt Industries as well as members of the Beloit community to celebrate the grand opening of plant.

“We’re pleased to officially welcome Pratt Industries to Wisconsin and celebrate their new manufacturing facility here in Beloit,” Governor Walker said. “As an international leader in paper and packaging, Pratt Industries had numerous options when it came to establishing operations in the Midwest, and their decision to expand here in Wisconsin is another indication that our reforms are working. We applaud the company’s decision to take this step and look forward to working with them in the years to come as they support good manufacturing jobs and continue to invest in and grow their company here in Wisconsin.”

Pratt Industries acquired a 56-acre site in Beloit for the corrugated box factory. The 350,000-square-foot facility is the company’s 13th U.S. based corrugating facility and will produce around 600 tons of recycled boxes per day. The location for the facility provides access to major hubs like Chicago and Milwaukee.

To assist in the construction of the project, the Wisconsin Economic Development Corporation (WEDC) provided Pratt with up to $2.4 million in Jobs Tax Credits over the next four years and a $1.75 million low-interest loan for equipment. The actual amount of tax credits is contingent upon the actual number of jobs created.

The investment is part of the company’s continued expansion plans, especially in the Midwest.

“We currently operate 68 factories and employ 7,000 people, and we want to continue to grow those numbers,” said Anthony Pratt, chairman of Pratt. “Just here in the Midwest alone we’ve invested almost $500 million dollars since the beginning of 2015.”

(photo: Wisconsin Governor Scott Walker (left), and Anthony Pratt, (right) chairman of Pratt, during grand opening of Pratt’s newest box plant.)

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Source: Recycling Today
Pratt opens box plant in Wisconsin
<![CDATA[Pratt Industries, headquartered in Conyers, Georgia, has officially opened its newest corrugated box plant in Beloit, Wisconsin. The company invested $60 million on the facility. On hand for the official ribbon cutting was Wisconsin Governor Scott Walker, who joined leaders and employees of Pratt Industries as well as members of the Beloit community to celebrate the grand opening of plant. “We’re pleased to officially welcome Pratt Industries to Wisconsin and celebrate their new manufacturing facility here in Beloit,” Governor Walker said. “As an international leader in paper and packaging, Pratt Industries had numerous options when it came to establishing operations in the Midwest, and their decision to expand here in Wisconsin is another indication that our reforms are working. We applaud the company’s decision to take this step and look forward to working with them in the years to come as they support good manufacturing jobs and continue to invest in and grow their company here in Wisconsin.” Pratt Industries acquired a 56-acre site in Beloit for the corrugated box factory. The 350,000-square-foot facility is the company’s 13th U.S. based corrugating facility and will produce around 600 tons of recycled boxes per day. The location for the facility provides access…