Econo-Pak expands facility to meet growing demand for food packaging
- Econo-Pak is expanding its facility in Milford, Pennsylvania by adding 125,000 square feet to support business growth.
- The expansion aims to enhance capacity for high-volume contract food packaging services in response to rising industry demand.
- This project reflects Econo-Pak's commitment to its clients and the local community, generating new job opportunities.
On December 3, 2024, in Milford, Pennsylvania, Econo-Pak, a significant player in the contract food packaging and manufacturing industry, unveiled plans for an extensive expansion of its operational facility. This ambitious project involves adding 125,000 square feet to the already substantial 200,000-square-foot space. The objective of this expansion is to significantly enhance operational capacity, accommodate new projects, and cater to the increasing demand for high-volume contract food packaging services in a rapidly evolving market. Econo-Pak’s investment in this expansion demonstrates a commitment to providing clients with flexible and scalable solutions that meet contemporary industry needs. The newly added space will be utilized for food packaging automation, improved production lines, and expanded storage capacity, ultimately ensuring quicker turnaround times and greater efficiency for clients. These improvements are essential as the global contract packaging market is predicted to grow at a compound annual growth rate (CAGR) of 11.35% through 2030, making strategic investments critical for maintaining competitive advantage. PJ Wiebel, the third-generation CEO, expressed that this expansion marks a significant milestone not only for Econo-Pak but also for its clients, as it enables the company to undertake new projects while continuing to serve long-term partners effectively. The expansion of the facility is expected to create new job opportunities, thereby enhancing the local labor market in Milford and fostering a sense of community support. Econo-Pak remains dedicated to its core values of quality and safety, with crucial certifications including SQF Level 3, FDA, USDA Organic, Kosher, and Gluten-Free, further establishing its reputation in the industry. In conclusion, this expansion is positioned as a vital step in Econo-Pak’s ongoing growth strategy, aiming to leverage the rising demand in the food packaging industry and catalyze future opportunities. The facility's expansion is not only a business growth move but also serves the community by creating jobs and supporting local economic development.