FRANKFORT, Ky. (Dec. 7, 2017) – Contract packager Resolve Packaging plans to invest $12.46 million in a new facility in Hebron, which will preserve 40 jobs and create 36 additional positions averaging $20 per hour with benefits.
State officials approved economic development incentives for the project this morning in Frankfort at a monthly Kentucky Economic Development Finance Authority board meeting.
To help retain Resolve Packaging in Northern Kentucky, the KEDFA board approved $400,000 in tax breaks over the next 10 years if the company fulfills its plans to invest and create full-time, permanent jobs.
Resolve Packaging LLC was developed to accommodate a growing need in the contract packaging industry with its primary base in the distilled spirits industry.
The company plans to use the facility to develop quality inspection opportunities in the automotive industry and co-packaging opportunities for retail consumer goods.