Printpack’s Chairman and Chief Executive Officer, Jimmy Love, announced that the company was making a major investment in the company’s Prescott Valley, AZ, manufacturing plant. Mr. Love’s announcement came during a recent visit to the plant.
Printpack built and opened the plant in 1991, where it produces flexible packaging for a variety of markets and customers competing primarily in the food sector.
Mr. Love told the associates during his remarks, “We are excited to announce this major investment in the Prescott Valley facility. We have been very pleased with our workforce here for many years, and we are committed to providing our associates with the best technology available in our industry.”
The company expects to invest over $40 million in a plant expansion and state-of-the-art printing, laminating and finishing equipment over the next nine to twelve months with a targeted completion date in early 2019.