Long Island Packaging Firm to Expand with IDA Assist
Source One Packaging, a shrink wrap and label supplier, has received preliminary approval for economic incentives from the Suffolk County Industrial Development Agency to assist in the company’s expansion plans.
The company plans to invest $3.1 million to expand its existing facility at 20 Commerce Drive in Hauppauge, adding 16,386 square feet to its current 38,695 square feet.
- Acquire new equipment, including a digital printing press
- Bring outsourced printing jobs in-house
- Grow its operations and add jobs
No direct quotes available in the article.
Author summary: Long Island packaging firm expands with IDA incentives.