Flexible packaging firm ABX Innovative Packaging Solutions plans to grow its operations in Wayne County. The company will update its existing equipment, purchase new equipment and undertake infrastructure improvements to accommodate the expansion of its green solution flexible packaging manufacturing operation.
“We offer a unique suite of flexible, sustainable packaging options for customers in consumer, healthcare and specialty markets. Flexible packaging offers exceptional environmental benefits because it uses less energy and fewer resources than other forms of packaging,” said CEO Larry Goldstein.
The Macedon manufacturer will add six new bag lines and relocate a portion of its operations to another building located at the company’s Main Street campus. The upgrades will allow ABX to better serve its customers, including a global consumer products provider of personal care and paper products that has committed to making its products 100 percent recyclable.
“These investments will support our initiatives to drive continuous improvement, higher quality and the use of post-consumer recycled resins in our products,” said company COO Jeff Godsey.
The renovation work is expected to launch this spring with target completion by the summer of 2022. ABX has committed to creating up to 38 new jobs as a result of the expansion, while 378 jobs will be retained.
Empire State Development will support the project with up to $1.35 million through the Excelsior Tax Credit program in exchange for job creation commitments. The New York Power Authority, pending approval by its board of trustees on Tuesday, is supporting the expansion with more than 2.4 megawatts of low-cost power from the ReCharge NY program. Rochester Gas & Electric, Wayne County Industrial Development Agency and Greater Rochester Enterprise are also assisting the expansion project. The total project cost has been placed at a little more than $12.2 million.
“ABX Innovative Packaging Solutions’ growth is another example of the quality workforce in our region,” Wayne County Industrial Development Agency Director and CEO Brian Pincelli said. “ABX is recognized as an industry leader and their products are critical components of our supply chain and economy nationwide. ABX CEO Larry Goldstein recognized the culture, talent, and commitment of our workforce and we couldn’t be prouder to have them here in Wayne County.”
ABX, headquartered in Charlotte, North Carolina, creates and delivers state-of-the-art innovative flexible packaging solutions, engineered and optimized for enhanced performance. ABX has roughly 900 employees nationwide. In addition to its Wayne County location, the company also maintains operations in Georgia, Illinois, Louisiana and Wisconsin.
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