Packaging company to invest $70M in Richmond
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Menasha Packaging Co. LLC, a packaging and merchandising company headquartered in Neenah, Wisconsin, has announced a major investment in its east central Indiana operations.
The company said it will invest $70 million to consolidate and expand its two Richmond facilities as part of an ongoing modernization initiative.
“These investments position our Richmond facility as one of the premier producers of graphic packaging solutions in the United States, offering best in class corrugating, printing, and converting technology,” President Mike Riegsecker said in a news release. “We are excited about the growth and expansion plans we have in Richmond, and what this means not only for our customers, but for our employees and the community of Richmond.”
Menasha Packaging designs, prints, and produces high-end graphic packaging displays and merchandising products for in-store and online.
Menasha did not specify if any jobs would be created as a result of the investment, or when the consolidation and expansion would occur. The company employs about 3,800 people at more than 50 locations in North America.
Multiple requests for more information from Inside INdiana Business were not returned.