Pactiv plans to rebuild, reopen its Macon, Georgia, packaging facility by Q1 2014 following major fire on May 1; Macon-Bibb County in Georgia authorizes up to US$50M in bonds to aid in rebuild

Kendall Sinclair

Kendall Sinclair

MACON, Georgia , August 5, 2013 () – Three months after a major fire at a south Bibb County packaging plant, the Macon-Bibb County Industrial Authority on Monday approved a plan to authorize up to $50 million in bonds to help Pactiv Corp. rebuild.

The May 1 fire at Pactiv's Advanced Packaging Solutions plant on Airport Drive apparently started from smoldering egg cartons that were still warm from production when they were stacked, officials said. Most of the 237,000-square-foot building sustained heavy fire damage.

The Industrial Authority agreed Monday to authorize the issuance of taxable industrial development revenue bonds for Pactiv.

The authority is the conduit for the bonds to be issued on behalf of Pactiv, "and there is no liability on behalf of the authority, Bibb County or the city of Macon," said Kevin Brown, the authority's attorney.

"The company expects to begin construction this summer with the intent to be fully operational during the first quarter of 2014," Cliffard Whitby, the authority's chairman, said. "Once construction is completed the plant will employ approximately the same number of people at the plant as it did before the fire, most of whom still work for the company in some capacity."

At the time of the fire, the company had 216 full-time employees and more than 40 part-time or temporary workers.

When it rebuilds, Pactiv is expected to use the same building footprint it had before the fire, Whitby said.

Lake Forest, Ill.-based Pactiv Corp., founded in 1965, is a large manufacturer and distributor of food packaging and food service products. Its product lines include custom and stock form, plastic, aluminum, pressed paperboard and molded-fiber packaging.

Terry Schwindler, manager of business and industry at the Macon Economic Development Commission, said in May that the Macon facility was one of the company's most productive plants.

Information from Telegraph archives was used in this report. To contact writer Linda S. Morris, call 744-4223.

___

(c)2013 The Macon Telegraph (Macon, Ga.)

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.