Malnove To Invest More Than $7 Million In Jacksonville Plant Expansion

Jacksonville FL

23 February, 2021

3:27 PM

Description

From The JAX Chamber: February 23, 2021 Malnove, one of the nation's largest independent folding carton producers, is expanding its Jacksonville plant to upgrade a production line and grow the facility's capacity. The $7.4 million expansion will create 10 new advanced manufacturing jobs and retain the 182 jobs at the company's North Jacksonville facility. The Jacksonville City Council unanimously approved the economic development agreement in December. "Malnove's expansion in Jacksonville retains 182 jobs, creates 10 new positions, and brings $7 million in capital investment to our growing community," said Mayor Lenny Curry. "This announcement further enhances our city's reputation as a hub for advanced manufacturing, which will lead to even more opportunities for our citizens in the years ahead." Established in 1948, Malnove manufactures packaging products for a variety of customers, primarily in the packaged foods industry. Its Jacksonville facility is one of three sites, with the others in Utah and Nebraska. "This expansion in Jacksonville is an important next step as we expand in the Southeast and is critical to the overall growth of our company," Dale Houck, President of Malnove said. "We've had success hiring and developing highly-skilled employees in Jacksonville and look forward to continuing to grow here." Malnove, which opened its Jacksonville plant in 1981, is committed to growing its leaders from within and has a history of developing talent for future opportunities in the organization. Malnove has a strong collaborative workplace culture that focuses on a strong training and development program. The facility has five consecutive years of growth in revenue which is driving the expansion in capacity. "Working with our advanced manufacturing companies so they can continue to add new technologies is critical to our overall economic growth," JAXUSA Partnership President Aundra Wallace said. "Malnove is another example of a company that could have chosen to expand anywhere and made the decision to invest here in Jacksonville." This press release was produced by The JAX Chamber. The views expressed here are the author's own.