Board Converting News, April 25, 2022

Pratt Industries To Open (CONT’D FROM PAGE 1 )

Core Competency

According to local media reports, Pratt Industries is working with the city and Cedar Hill schools on an em- ployee training and job development program. “This joint collaboration with Cedar Hill and the school district is a great opportunity for us to encourage and in- vest in the community’s young talent and to help them find meaningful employment and long term financial stability,” said Pratt’s Division President Mike Tansey. Hillwood, the project’s developer, announced last sum- mer its plans for the 180-acre industrial park in which Pratt Industries will operate. The first phase includes a 1.1 million- square-foot building and a 225,000-square-foot building. The entire business park is expected to generate more than $200 million in capital investment and create hun- dreds of jobs in Cedar Hill. “The city’s partnership with Hillwood is already bearing fruit for our community through significant capital invest- ment and well-paying green-collar jobs,” said Mayor Ste- phen Mason. “The Cedar Hill lease is one of the largest North Texas industrial transactions so far in 2022.” Pratt Industries is the second corrugated company to announce plans this year for a major new facility in the Dallas area. In February, Dallas-based McKinley Packaging said it will spend more than $35 million to build a new box plant in Lancaster. The project add 125 jobs at the new plant scheduled to be completed at the end of this year.

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April 25, 2022

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