Pratt Industries Breaks Ground On $400M Recycled Mill In Kentucky Kentucky Gov. Andy Beshear joined three Pratt Industry executives at a groundbreaking ceremony last week for the $400 million, 320-employee recycled paper mill com- plex Pratt Industries will build in Henderson, Kentucky. In addition to Beshear, special guests from Pratt Indus- tries/Visy included Global Executive Chairman Anthony Pratt, Global CEO Brian McPheely and Gary Byrd, Presi- dent of Pratt Holdings, which is the parent company for all of Pratt’s interests in the United States. Pratt said last summer it would first construct a state- of-the-art, 450,000-square-foot paper mill that will man- ufacture 100 percent recycled products and will employ approximately 120 people. At the time, the company said construction of the mill would begin in March 2022 and be
completed by fall 2023. The company said it would later construct a 700,000-square-foot corrugator plant to pro- duce corrugated sheet and boxes, including pizza boxes and packaging for major distributors and big box stores, using paper sourced from the new paper mill. The corru- gator plant will employ 200 people. The corrugator facility is expected to be completed by the end of 2026 and employ approximately 200 people once fully operational. Pratt Industries said the jobs will pay wages averaging nearly $30 per hour. Counting benefits, it said compen- sation with average $39 per hour. Company leaders also expect the project to require 700 construction workers over the coming years. Gov. Beshear has called Pratt the biggest economic development announcement in West- ern Kentucky in 25 years. Pratt is America’s 5th largest corrugated packaging company and the world’s largest, privately-held 100 per-
cent recycled paper and packaging com- pany, with more than 10,000 highly-skilled, green-collar employees. ICPF’s Holiday Weekend In NY Fundraiser A Success ICPF wishes to thank the 2021 registrants and sponsors for making ICPF’s 2021 Holi- day Weekend in New York, which was anoth- er “sellout.” Established in 2007, the 13 annu- al New York events have combined for a net return of over $1.6 million to support ICPF in working with universities and students. The December 10-12, 2021 weekend event sponsors included BW Papersystems, Fosber America, Greif Inc., Kiwiplan, Pratt Industries, and the WestRock Corporation. Corporate registrants and financial sup- porters included Akers Packaging Service, Arden Software, Balemaster, Bobst North America, Buckeye Corrugated, Inc., BW Pa- persystems, EAM-Mosca, EFI, Fosber Ameri- ca, Green Bay Packaging, Goepfert Maschin- en, Greif Inc., GT Hall Investments LLC, Hood Container Corp., Kiwiplan, Kruger, Pratt In- dustries, Schwarz Partners, Signode, Smurfit Kappa, Sumter Packaging, Testing Machines Inc., WestRock Corp., AICC and FBA. ICPF also wishes to thank Smurfit Kappa for promotional designs and materials as well Board Converting News , AICC & FBA, Container-Board.com, Corrugated Today , NV Publications, PPI Publications and RISI for providing promotional assistance through- out the year. Mark your calendar for ICPF’s next Holiday Weekend in New York, which is scheduled for December 9-11, 2022.
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www.boardconvertingnews.com
December 20, 2021
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