Akers Packaging is planning an expansion of its Middletown operations, 2820 Lefferson Road, to replace an aging corrugator and plan for future growth. The 49-year-old Akers Packaging Services Group manufactures corrugated packaging materials and boxes with 10 plants in Michigan, Ohio, Indiana and Illinois.
The expansion will include a 136,000-square-foot addition to the Middletown facility, which is estimated to cost $5.5 million, and to purchase the corrugator and supporting equipment, which is budgeted to be $9.5 million. The project is scheduled to begin on Sept. 30 and be completed by Dec. 31
In turn, the city will provide an eight-year, 50 percent Job Creation Incentive Grant equal to the amount of income tax collected on the new payroll. The city is also offering a 10-year, 75 percent property tax abatment and a $70,000 training grant.
The expansion will add 27 jobs over the next 18 monhts with an additional payroll of about $1.43 million. The company currently has 150 employees with a payroll of more than $8.7 million at the Lefferson site. The company — which has plants in Middletown, Cincinnati, Loveland, Columbus and Van Wert in Ohio — has 232 employees in the state.
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