PaperWorks Industries said it is moving its carton-finishing operations from New York to Alexandria, a move that will create 43 jobs.
The company will spend $1.6 million to renovate a 116,000-square-foot building on South MacArthur Drive where carton components for Procter & Gamble laundry powder will be folded and glued. The cartons will be used by the Procter & Gamble plant in Pineville.
Louisiana Economic Development did not say how much the PaperWorks jobs will pay. The project will create 178 indirect jobs and 21 construction jobs.
The facility should be fully operational in early 2014 and hiring of the 43 employees will be completed by mid-March.
LED’s Business Expansion and Retention Group began working with PaperWorks in June. To secure the project, the state offered an incentive package that includes a $125,000 grant from the Economic Development Award Program, as well as the services of LED FastStart job training program. PaperWorks Industries also is expected to use the state’s Quality Jobs and Industrial Tax Exemption programs.