Contact: Richie Duncan Economic Development Director
Phone: (919) 554-1863
Fax: (919) 496-2683
228 Park Avenue
Youngsville, NC 27596 www.franklinedc.com
Franklin County Announces Expansion of Atlantic Packaging
Warehouse and Logistical Operation to invest $1.6 million in Youngsville
Franklin County, N.C. – December 5, 2017: Franklin County welcomes the expansion of Atlantic Corporation of Wilmington Inc. (Atlantic Packaging) at 165 Weathers Street in Youngsville. Atlantic Packaging is one of the most technically advanced packaging resources in North America, with capabilities in manufacturing, distribution, consulting and technical services.
Atlantic Packaging is expanding its 45,008-square foot warehouse and logistical operation with plans to construct a new 33,000 square foot facility off U.S. Highway 1. This $1.65 million expansion will increase its logistical capacity with new space for distribution.
The company is one of Franklin County’s largest logistical employers with 38 full-time employees. This expansion will create at least four new jobs with an average hourly wage of $17.53 plus benefits.
“Franklin County continues to offer an attractive location for logistical companies with our proximity to main distribution routes,” stated Richie Duncan, Director of Franklin County Economic Development. “Atlantic Packaging’s continued investment further demonstrates our strength in meeting the demands of industry within the Research Triangle region.”
Atlantic Packaging’s Youngsville facility opened in 2008 and serves the east coast United States by providing packaged product solutions for the pharmaceutical, automotive, food, cosmetics and various other industries. Youngsville’s operation is one of Atlantic Packaging’s 20 locations across the United States, Dominican Republic and Honduras.
“We are excited to continue to grow our industrial packaging presence at our Youngsville location in Franklin County,” said Steve Rafferty, Vice President and General Manager of Atlantic Packaging. “Market demand for our products is creating this expansion opportunity for our location to better serve our key industrial markets. We extend our appreciation to Franklin County for their support for our operation.”
Atlantic Packaging’s expansion will be facilitated by a local Franklin County cash grant incentive of $49,500 paid over a four-year period after taxes are paid and requirements are fulfilled.
“Great things are continuing to happen in Franklin County,” said Cedric Jones, Chairman of the Franklin County Board of Commissioners. “We are excited Atlantic Packaging is continuing to grow their presence here with jobs and tax base for our citizens and county.”
About Atlantic Corporation of Wilmington Inc:
Atlantic Corporation of Wilmington Inc. was founded over 70 years ago and has evolved as the market leader in industrial packaging and in customized converted products, always guided by our customers’ needs. Visit www.atlanticpkg.com for more information.
Franklin County Government is committed to effective and innovative public services for all Franklin County citizens and businesses.
Atlantic is the industry leader in critical applications packaging with a strong focus on packaging equipment, integration and high performance materials. Our focus is stretch, shrink, strapping, labeling systems, tapes and adhesives, protective packaging and general industrial supplies. Atlantic is an independently owned company that has been in business over 65 years and currently has 12 locations in the USA and Caribbean. Our lowest unit cost philosophy and superior technical support allows us to develop programs for major manufactures that save real dollars. We specialize in the food, pharma/medical, building supply, air filtration, carpet, beverage, automotive, contract packagers and any manufacturers of retail products. Atlantic is truely a unique company. With our breadth of product and broad offering, we can bring much value to our customers. Atlantic is committed to being integrated partners with our customers by always being sales friendly and customer driven.