Following a public hearing Monday night, the Plymouth City Council approved a seven year personal property tax abatement for WestRock Company, supporting their facility expansion. The Council’s approval was the second step in the tax abatement process. The first step occurred on November 23rd when the Council designated the location as an economic revitalization area.
With the aid of this tax abatement, WestRock Company plans to invest approximately $5.2 million for new equipment and machinery. This capital investment will increase the company’s efficiency and profits, both of which are vital to the retention of its 104 employees currently working in Plymouth. Mayor Senter stated, “I’m proud that the city approved the WestRock abatement, and that Plymouth offers our business community so many great reasons to expand.”
WestRock Company was formed by the merger of RockTenn and MeadWestvaco in 2015. In 2011, RockTenn purchased the facilities at 1000 and 1100 PIDCO Drive from Glenmark Industries Inc., an asset acquisition which served North Central Indiana, and has operated the facilities since then. Known for its innovative developments in papermaking and packaging designs worldwide, WestRock clients include Kentucky Fried Chicken, Pizza Hut, Little Caesars Pizza, and Hunt Brother’s Pizza. WestRock conducts business in three continents, and is proud to include Plymouth as one of its 275 business locations.
General Manager of the Plymouth WestRock branch, Jim Janus stated, “When I started here 8 years ago, we employed 30 people; now it’s over 100. WestRock has seen a great deal of growth in Plymouth. This abatement approval is sure to help our company and the Plymouth community grow even further.”
