Omar Khalid
Berry Plastics, now known as Berry Global Group, Inc., is headquartered in Evansville, Indiana, with 23,000 employees across 130 locations worldwide. The company has a long history with the city and state, which have supported its previous expansions and developments. In 2018, Berry announced a $70 million expansion of its Evansville operations, including the addition of 150 new jobs. This expansion plan sparked discussions about tax benefits and incentives offered by the city of Evansville to encourage Berry Global to choose their location for the project. The company's presence within the city limits has been a topic of interest, with the city council and economic partnership showing support for Berry Global's growth in the area.
| Characteristics | Values |
|---|---|
| Company Name | Berry Global Group, Inc. (formerly Berry Plastics) |
| Location | Evansville, Indiana |
| Year of Expansion | 2018 |
| Expansion Cost | $70 million |
| New Jobs Created | 150 |
| Tax Benefits | $4.2 million |
| Tax Benefits Details | Five years of property tax abatement and up to $100,000 of casino tax revenue for employee training |
| Headquarters | Evansville |
| Number of Employees | 23,000 |
| Number of Locations | 130 |
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What You'll Learn
Berry Global's $70 million expansion plan in Evansville
Berry Global, formerly known as Berry Plastics, is headquartered in Evansville, Indiana, with 23,000 employees across 130 locations in the country. In 2018, the company announced a $70 million expansion plan for its Evansville operations, including adding up to 150 new jobs. The expansion project would involve investing $55 million in 2018 and $15 million in 2019, with an expected completion date of April 2019.
The expansion plan includes the installation of four thermoforming lines and seven printers to manufacture cups and lids at its Evansville plastics plant. This aligns with the company's statement about considering increasing its thermoforming capacity and investing in new manufacturing equipment. To entice Berry Global to expand in Evansville, the city offered approximately $4.2 million in tax benefits, including five years of property tax abatement and up to $100,000 of casino tax revenue for employee training.
The City of Evansville expressed its honour in being the home of Berry Global and highlighted its strong partnership with the worldwide leader in plastics manufacturing and marketing. Evansville's mayor, Winnecke, also emphasised the city's gratitude for the commitment of Berry Global's Chairman and CEO, Tom Salmon. The tax abatement application and the offered tax benefits showcase Evansville's support for the expansion project.
The expansion plan reinforces Berry Global's position as a prominent player in the plastics manufacturing industry and its commitment to investing in new technology and creating new jobs. The company has a long history with the city of Evansville and has received support from the city and state for its previous expansions and developments. This expansion plan demonstrates Berry Global's continued growth and its contribution to the local economy and community.
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The tax benefits offered by Evansville to Berry Global
Evansville has offered Berry Global a range of tax benefits to encourage the company to expand its operations in the city. The incentives are designed to make Evansville an attractive location for Berry Global's expansion plans, which could bring significant economic benefits to the area.
One of the key tax benefits offered by Evansville is property tax abatement. This means that Berry Global would be exempt from paying property taxes on its expanded operations for a defined period. The city initially proposed a five-year tax abatement period, during which the company would not pay any property taxes on the expansion. This offer was later extended to an eight-year phase-in of property taxes, with a stair-step approach to gradually increasing tax liability. In the first year, for instance, Berry Global would be granted a 100% abatement, followed by a 90% abatement in the second year, and so on. This extended phase-in plan was approved by the Evansville City Council in 2021.
In addition to property tax abatements, Evansville has also offered Berry Global casino tax revenue to support employee training. The city proposed providing up to $100,000 of casino tax revenue to fund the training of new employees who are residents of Evansville. This initiative would help the company hire and develop local talent, contributing to the development of the local community.
The total value of the tax benefits offered by Evansville to Berry Global is estimated at approximately $4.2 million. This figure includes both the property tax abatements and the casino tax revenue allocation. The offer was made by Mayor Lloyd Winnecke, who emphasised the city's commitment to working closely with Berry Global to facilitate their expansion. The tax package was endorsed by the Mayor's office and preliminarily approved by the City Council, pending a final decision from Berry Global on the location of their expansion.
The tax benefits presented by Evansville demonstrate the city's proactive approach to attracting and retaining businesses. By providing incentives such as tax abatements and allocating funds for employee training, Evansville has positioned itself as a supportive and business-friendly environment for Berry Global's potential expansion. The mutually beneficial relationship between the city and the company underscores the value of tax incentives in fostering economic growth and development within a community.
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Berry Global's headquarters and employee count
Berry Global Group, Inc. is headquartered in Evansville, Indiana. The company is a global manufacturer and marketer of plastic packaging products, with over 265 facilities worldwide and more than 46,000 employees.
Berry Global was founded in 1967 in Evansville, Indiana, as Imperial Plastics. The company began with three workers and one injection moulding machine. Over the years, Berry Global has expanded its operations and client base, serving more than 2,500 clients, including well-known brands such as McDonald's, Coca-Cola, and Procter & Gamble.
As of 2024, the company had over 290 locations and was expected to employ over 48,000 people across six continents following its acquisition of RPC Group in 2019.
Berry Global's Evansville headquarters plays a significant role in the company's operations and community engagement. In 2021, the company considered expanding its presence in Evansville, potentially investing in new manufacturing equipment and hiring additional employees. The company also hosts community events, such as its annual Easter egg hunt, and educational initiatives like its #EarthDay event, where students and teachers learn about plastic recycling and circular economy principles.
The company's global capabilities, sustainability leadership, and innovation expertise have positioned it as a leading provider of innovative packaging solutions, serving customers of all sizes around the world.
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Berry Global's products and industries served
Berry Global, formerly known as Berry Plastics, is headquartered in Evansville, Indiana, and has over 265 facilities and more than 46,000 employees worldwide. The company is a global manufacturer and marketer of plastic packaging products, serving a wide range of industries and markets.
Berry Global has three core divisions: Health, Hygiene, and Specialties; Consumer Packaging; and Engineered Materials. The company claims to be the world leader in manufactured aerosol caps and offers an extensive line of container products. They provide plastic containers and packaging for the health, engineering, and consumer goods industries.
Berry Global has collaborated with Nestlé Purina PetCare to create packaging for its Friskies® Party Mix® 20oz and 30oz cat treat canisters made from 100% recycled plastic. They have also introduced Versalite™ cups, a range of reusable plastic cups, and high-quality post-consumer recycled (PCR) plastic polymers for non-contact-sensitive packaging in the homecare and industrial sectors.
In addition to packaging, Berry Global offers innovative solutions for agricultural professionals, such as Silotite Film&Film (F&F), a balewrapping approach that optimizes silage production by providing protection, fermentation efficiency, and recycling convenience.
The company has completed several acquisitions, including Landis Plastics, which manufactures injection-molded and thermoformed plastic packaging for dairy and other food products. With its diverse industry expertise and global presence, Berry Global can cater to the needs of both large and small customers.
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Evansville Regional Economic Partnership's support for Berry Global
Evansville Regional Economic Partnership (E-REP) is a unified organisation that works to advance the interests of businesses in the Evansville region. E-REP aims to fuel economic and community growth in the region by building on the legacy of its predecessor organisations. The organisation's areas of impact include new business attraction, business retention, support for existing industry expansions, public policy advocacy, community development, entrepreneurship, talent attraction, and strategies for regional growth.
E-REP has played a significant role in supporting Berry Global, a company that specialises in creating innovative packaging and engineered products. With over 40,000 employees across 250 locations, Berry Global is committed to serving its global customers through sustainability leadership and innovation expertise.
In August 2021, E-REP demonstrated its support for Berry Global by requesting the City Council to pass a resolution. The resolution proposed an eight-year phase-in of property taxes for the area chosen for Berry Global's potential expansion. The resolution was approved 9-0, with a confirming vote taking place in September 2021. This support from E-REP aligned with Berry Global's consideration to increase its thermoforming capacity, potentially involving new manufacturing equipment and additional employee hires.
Additionally, Berry Global's presence in Evansville contributes to the region's appeal for other businesses. Evansville's strategic location, talented workforce, and partnerships with local organisations make it an attractive place for companies to establish and expand their operations. The support and resources provided by E-REP enhance the region's ability to foster economic growth and business success.
Overall, the Evansville Regional Economic Partnership has been instrumental in facilitating Berry Global's expansion plans and contributing to the company's positive impact on the region's economic development and community engagement.
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Frequently asked questions
Yes, Berry Plastics, now known as Berry Global Group, Inc., is headquartered in Evansville, Indiana.
Berry Plastics creates plastic containers and packaging for use in the health, engineering, and consumer goods industries.
Yes, in 2018, Berry Global announced a $70 million expansion plan for its Evansville operations, which would add up to 150 new jobs. The company is also considering further expansion in Evansville, investing in new manufacturing equipment and hiring additional employees.
