News & Press
- Pratt Industries Announces Statesville Expansion
- 07/17/2007
A new 332,000 square foot facility is being built by Pratt Industries at the West Industrial Park, located 2 miles from Interstate 40 in Statesville, NC. This project will use a new rail siding to move raw materials in for processing. The plant expansion will be a three-phase project implemented over a three to five year period. This decision allows Pratt to increase production of current products at the Statesville plant. The company currently employs 112 full time workers.Greater Statesville Development Chairman David Steele said, "We're delighted that Pratt Industries is expanding their Statesville operation so dramatically. Local industries growing and adding jobs is a key component of the growth in the area. Congratulations to Pratt and all their local associates for their outstanding success. We look forward to working with them as they grow the company in the future."Pratt Industries, headquartered in Sydney, Australia opened its current Statesville facility in 1989. The Statesville plant produces corrugated boxes for packaged consumer goods products. The company is the world’s largest privately-owned paper and packaging business, with annual sales of more than $2 billion. The company employs 8,000 people in the U.S. and Australia, and is the 7th largest corrugated packaging company in America. The company maintains a strong focus on recycling and the environment by “harvesting the urban forest” to produce the industry’s best packaging products.County Commission Chairman Marvin Norman stated, “The County appreciates the investment and the number of new jobs and looks forward to working with Pratt to help in any way possible. Norman feels the County has a good partnership with the company and looks forward to making the relationship stronger.”The new plant will be an investment up to $33,000,000. Pratt will also be adding 68 new positions once the facility is completed.There were a number of important partners who helped make this announcement possible: The N. C. Rural Economic Development Center, the N.C. Department of Commerce Finance Center, The N.C. Department of Transportation, Iredell County, the City of Statesville, EnergyUnited, Norfolk Southern Corporation, Alexander Railroad, and the Greater Statesville Development Corporation / Committee of 100. In addition, this announcement owes a great deal of thanks to two former Directors at GSDC, Jeff McKay and Terry Orell.For more information, visit www.prattindustries.com
115 East Front Street, Statesville, NC 28677
Phone:704.871.0062 Fax:704.871.0223 Email: info@greaterstatesville.org Site Map
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