08/14/2024 | Press release | Distributed by Public on 08/14/2024 13:00
Today, Governor Roy Cooper announced that Reliance Packaging, LLC, a manufacturer of printed plastic packaging, will add 32 new jobs in Moore County. The company will invest more than $7.4 million to expand its operations and increase its capacity in the Town of Aberdeen.
"This announcement is yet more proof that North Carolina is the best state for business," said Governor Cooper. "When companies like Reliance Packaging choose to expand in Moore County, it validates the strength of our manufacturing economy, workforce, and our quality of life."
Operating in Aberdeen since 2014, Reliance Packaging extrudes plastic resin into printed heavy duty plastic bags and film for the lawn and garden market as well as many other outdoor applications. A Joint Venture with Sigma Plastic Group, Reliance extrudes, prints, and converts, along with developing brands and graphic designs for high-quality products to hold mulch, soil and decorative lawn rock that are sold throughout various outlets, including Home Depot, Lowe's, and Walmart, across the United States. This expansion includes building improvements and two additional multi-layer film extruders for the 180,000-square-foot manufacturing facility.
"We are excited about the opportunity to expand our manufacturing facility here in Aberdeen and create jobs in Moore County, said Satish Sharma, President & COO of Reliance Packaging. "The new investment will enable the use of Post Consumer Recycle as a major effort to support sustainability within our industry. Reliance Packaging already reprocesses between 10,000 to 20,000 pounds of waste plastic every day and the installation of this new technology and automation will facilitate higher quality products with an eco-friendly solution."
"Not only does Reliance Packaging share our commitment to sustainability, but they also share our commitment to workforce development," said N.C. Commerce Secretary Machelle Baker Sanders. "This company knows that North Carolina is the right partner to help them not only grow but thrive in a demanding industry that requires a skilled talent pipeline, a well-connected infrastructure, and a low-cost to do business."
New positions, including extruder operators, material handlers, and quality control technicians, will have varying salaries, but altogether the average annual wage is $53,000. The Moore County average is $51,824. These new jobs could potentially create an annual payroll impact of more than $1.6 million.
A performance-based grant of $50,000 from the One North Carolina Fund will help facilitate Reliance's expansion in North Carolina. The One NC Fund provides financial assistance to local governments to help attract economic investment and create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require matching participation from local governments and any award is contingent upon that condition being met.
"We welcome the new jobs from Reliance Packaging," said N.C. Representative Ben T. Moss, Jr. "This company has been a great member of our business community, and we are ready to support them in their next phase of growth."
"This is great news for Moore County and the state's plastics industry," N.C. Senator Tom McInnis. "We appreciate Reliance Packaging's increased investment as it's a vote confidence in our ability to provide the foundation that growing companies need to succeed."
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, Sandhills Community College, Moore County, and the Town of Aberdeen.
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