Phoenix Closures plans for new plant
Injection molder Phoenix Closures has announced plans for a new manufacturing plant in Greencastle, IN. Located approximately 45 minutes west of Indianapolis and minutes from I-70, the 250,000 sq ft facility will sit on 57 acres of land and is scheduled to begin production in late 2012. Fueled by organic growth, this will be the company’s third new site since 2000.
Phoenix worked with The State of Indiana and the Greencastle/Putnam County Development Center to find a location that met its particular needs. “In addition to meeting our specific manufacturing requirements, the Greencastle site is located near our strategic markets and has potential for growth,” explains Ed Buck, VP of Manufacturing. “The availability of an existing crane bay and rail service made the building a viable option for redevelopment.”
The State of Indiana has offered Phoenix assistance with renovation that will convert this under-utilized property into a food-grade packaging manufacturing facility. The City of Greencastle will provide incentives in the form of tax abatements, infrastructure improvements, and training grants.
Phoenix Closures is a full-service, packaging manufacturing firm specializing in injection-molded closures for the food & beverage, pharmaceutical, nutraceutical, and household chemical industries. In addition to stock and custom closures ranging in size from 22mm to 120mm, the company also offers the following services: closure and package design, technical field support, and personal customer service. Headquartered in Naperville, IL with additional manufacturing facilities in Davenport, IA and Newport, TN and a distribution center in Ontario, CA, Phoenix services both domestic and foreign customers. The company's origins date to 1890.