Altivity Packaging plans to invest $542,000 in a new machine to take rolls of paper and convert the paper into individual sheets. The addition of the high-speed sheeter is part of the process used to create folding cartons for many products.
Altivity operates its folding carton plant at 102 W. Superior St.
The former Consumer Packaging Division of Smurfit-Stone Container Corporation is now owned by San Francisco-based Texas Pacific Group Ventures (TPGV). TPGV’s Bluegrass Container Corp. is doing business as Altivity Packaging, LLC.
The company employs 131 locally.
Monday, September 25, 2006
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