Axium Packaging, a packaging and container manufacturer, announced it would be investing $32 million to build a new facility in Archdale, N.C.
The facility will create 118 jobs in Randolph County over the next three years, Gov. Roy Cooper said during a press conference about the company’s announcement.
“Axium’s choice to come to Randolph County and join North Carolina’s manufacturing community underscores our reputation as the best state to do business,” Cooper said. “We offer many advantages from collaborative workforce training to a well-maintained infrastructure that will help manufacturers thrive.”
The New Albany, Ohio-based company is a leading manufacturer of personal care, household chemical, over-the-counter pharmaceutical, and food packaging. It uses innovative technology to design, develop and decorate its high-quality, customizable containers. The company has more than 3,000 employees in 18 facilities across North America.
The Archdale facility, a 150,000-square-foot state-of-the-art manufacturing complex, will be the first in North Carolina. Officials with the company said the average annual wage at the plant would be $47,938 – higher than Randolph County’s $43,080 average annual wage.
“With the largest manufacturing workforce in the Southeast, North Carolina is a clear choice for growing manufacturers,” said N.C. Commerce Secretary Machelle Baker Sanders. “North Carolina’s concentrated supply chain for plastics and chemical production melded with a talented research infrastructure and job training system will support Axium’s long-term growth strategy.”
The company will receive a performance-based grant of $365,000 from the One North Carolina Fund, the state said.