DAYTON, Ohio (From news reports) -- Pratt Industries Inc. has pledged to create more than 200 new jobs while investing $32 million into a new Dayton-area facility.
"This new facility will bring our total workforce within the state to more than 1,500 full time employees," Anthony Pratt, global executive chairman of Pratt Industries, said in an announcement. "The economic development teams and local and state leaders have been tremendous partners. We are excited to continue to expand our footprint in the region, providing well paying, green collar employment opportunities."
JobsOhio, the Dayton Development Coalition and the city of Dayton worked with Pratt Industries to bring the expansion to Montgomery County.
JobsOhio is assisting the project with a $500,000 grant, the Dayton Development Coalition said.
"Along with our partners at JobsOhio and the city of Dayton, we welcome Pratt's consistent growth in the region," said Jeff Hoagland, coalition president and CEO. "Pratt's new, advanced operations will produce sustainable packaging that is in high demand worldwide while bringing hundreds of new jobs to Montgomery County."
Based in Atlanta, Ga., Pratt Industries says it is the fifth-largest corrugated packaging company in the United States and the largest privately owned producer of 100% recycled containerboard in the world.
Pratt operates several facilities in Ohio, including a 100% recycled paper mill, corrugator and recycling facility in Wapakoneta. It also has a facility at 98 Quality Lane in West Carrollton.
Pratt also operates corrugating, converting, specialty retail and display plants throughout the state.
The company's announcement did not offer a precise location for the planned investment. Representatives of Pratt and the coalition did not immediately answer questions about the project's location and timing Monday.
"At this time, all the information we are willing to share is in the release," a spokeswoman for Pratt said. "As the project progresses, we will add details at appropriate times."
Last week, Pratt said it would also invest over $120 million in a new production facility in Georgia, creating more than 125 jobs there. That plant is expected to begin operating late next year, news reports in Georgia said.
