The Austrian company has paid for a lease for an 113,871-square-foot building in Pittston Township and will invest nearly $17m in manufacturing, computer equipment and furniture to produce cups, lids and K3 (plastic/cardboard combination) packaging.
Willi Eibner, CEO, Greiner Packaging International said about half of the US population lives in the country's northeast.
“This region is of great interest to the packaging industry because many milk processing establishments are located here,” he added.
It received funding from the Department of Community and Economic Development including a $104,000 Guaranteed Free training grant; a $450,000 Pennsylvania First Program grant and a $256,000 in Job Creation Tax Credits.
The company has also been encouraged to apply for a low-interest loan including $3.2m from the Machinery and Equipment Loan Fund (MELF).
“To be the US headquarters for this particular company will hopefully show other companies that NEPA (Northeastern Pennsylvania) is an attractive option for business,” said state representative Sid Michaels Kavulich.
The project was coordinated by the Governor's Action Team (GAT) in collaboration with the Office of International Business Development (OIBD).
GAT and OIBD partnered with the Pittston Chamber of Commerce, Penn College Plastic Innovation and Resource Center and Mericle Commercial Real Estate Services on the project.
Greiner Packaging is a subsidiary enterprise of Greiner Packaging International, which is one of five divisions of Greiner Group.
Greiner Group was established in Germany in 1868 and has since moved its headquarters to Austria. The four operational divisions include, Greiner Foam International, Greiner Perfoam and Greiner Tool Tec as well as the participation in Greiner Bio One International AG.