Trade Resources Company News DevTech PET to Expand Manufacturing Operations in Pennsylvania

DevTech PET to Expand Manufacturing Operations in Pennsylvania

Envases Universales subsidiary DevTech PET is set to invest $18m to expand its operations in the US state of Pennsylvania.

The company will lease a 120,000ft² manufacturing facility in Hanover Township of Northampton County. The project is expected to create around 32 new jobs in the region.

DevTech will use the funding for leasehold, infrastructure upgrades and new equipment.

The firm has received a funding proposal from the Department of Community and Economic Development, which includes $150,000 Pennsylvania First Program grant, $96,000 in job creation tax credits to be distributed upon creation of the new jobs.

It also includes $21,600 in WEDnetPA funding for employee training.

DevTech, which has around 95 full-time employees, produces custom plastic preforms and containers for its customers.

Pennsylvania governor Tom Wolf said: “Operational cost savings made Pennsylvania the preferred location for DevTech’s new facility.

“The company could have remained in the neighboring state where it is currently established and that is in closer proximity to its customer base, but Pennsylvania’s advantages rose above the competition, showing once again that the commonwealth is open for business and job growth.”

Envases Universales PET division CEO Antonio Donnadieu said: “We are looking forward to the successful expansion of our manufacturing facilities in Pennsylvania, and very grateful for the support, guidance, and incentives to materialize this project.”

Source: http://containers.packaging-business-review.com/news/devtech-pet-to-expand-manufacturing-operations-in-pennsylvania-190916-5009034
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