Pulaski County is anticipating the creation of 240 new jobs by Phoenix Packaging Group, which plans to invest $20 million into a facility at the Pulaski County Industrial Park.
Phoenix’s executives are based in Miami, Bogata, Colombia and Caracas, Venezuela. The company makes rigid packaging for foods and has a value of about $340 million, according to published reports.
Phoenix intends to hire 225 production workers and a handful of managers. The New River Valley has lost a number of jobs in its automotive sector in recent months, so the new jobs—especially jobs in well-paying manufacturing and not in the low-pay back-office industry—are especially welcome.
The various levels of government involved have chipped in $2 million in incentives and will also give tax incentives.