Memphis Secures Evergreen Packaging Global Headquarters

Global packaging solutions company Evergreen Packaging Inc. is consolidating its operations with sister companies Closure Systems International and Graham Packaging Company into a single global headquarters in Memphis, TN.

Evergreen Packaging

Evergreen Packaging (photo – evergreenpackaging.com)

Supported by Shelby County and Memphis economic development tax incentives being provided through a PILOT agreement, the company expects to create 70 new jobs in Shelby County and retain the existing 103 jobs it has in Memphis.

Memphis-based Evergreen is the leading manufacturer of fresh carton packaging for beverage products, primarily serving the juice and milk markets and also provides a variety of paper-based products for commercial printing. Indianapolis, IN-based Closure Systems International is the leading manufacturer of packaging closures and fitments.  York, PA-based Graham Packaging is a global leader in plastic bottles and packaging solutions.

Together, the three companies comprise 127 global manufacturing facilities in 36 countries with revenue in excess of $5.5 billion and over 14,000 employees worldwide.

The average base salary for the 70 quality net new jobs coming to Memphis and Shelby County is $176,283, excluding benefits and overtime.

Governor Bill Haslam said in a statement that “It is not taken lightly when a company chooses to locate its global headquarters in our state and we thank Evergreen for bringing us one step closer towards making Tennessee the No. 1 location in the Southeast for high quality jobs.”

President and CEO of Evergreen Packaging John Rooney responded in kind, noting that “Evergreen Packaging is appreciative of the support we have received from the state of Tennessee, Memphis Mayor Jim Strickland, Shelby County Mayor Mark Luttrell, Jr. and all of the state stakeholders.”

Rooney added that their leadership team has been impressed by the concerted effort to recruit and support the company throughout the entire process. Memphis Mayor Jim Strickland said that “I was glad to meet with Evergreen’s corporate representatives during their decision-making, and we look forward to their growth in Memphis.”

Memphis EDGE, the Economic Development growth Engine for Memphis and Shelby County, is providing incentives for the project through a 15‐year Jobs PILOT (payment in lieu of jobs) agreement valued at approximately $1,167,403. The total projected tax revenue generated by the project during the PILOT period is $7,139,205.

Phil Trenary, president and CEO of the Greater Memphis Chamber, noted that there is great momentum in corporate headquarters choosing Memphis. “This year alone, we have seen LEDIC Realty and Orgill choose the Memphis region, all bringing jobs and investment to our regional economy,” said Trenary.

Tennessee Economic and Community Development Commissioner Randy Boyd likewise pointed out that “This is our third headquarters announcement statewide in three weeks and I am excited that Evergreen Packaging has decided to call Tennessee home.”

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