Client Snapshot
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HQ LocationLouisville, KY
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Project Type
Medical Logistics & Manufacturing
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Capital Investment
1,885,000
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Employment
40 Jobs in Kentucky
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Wage Range
$16 to $40/hour
Packaging Technology Group
Packaging Technology Group, Inc., (PTG) headquartered in Fall River Massachusetts, designs, engineers, and manufactures thermal shipping and packaging solutions for clients in the biopharmaceutical and life sciences sector. PTG understands their clients thermal packaging challenges, and they apply their strengths and specialties in thermal engineering, state of the art thermal modeling, product design, and flawless customer service so that their clients project becomes their own project, and the clients success becomes guaranteed.
Kentucky Business Investment Case Study
PTG conducted a national search to identify strategic sites for expansion. After evaluating several potential sites, PTG determined Louisville, Kentucky to be the preferred location. The new facility will allow PTG to add capacity and expand its product portfolio, including new sustainable offerings, in the thermal packaging space. PTG engaged McGuire Sponsel to procure state and local tax incentives. McGuire Sponsel handled negotiations with the Commonwealth of Kentucky and the city of Louisville to secure 40 new jobs for Kentucky residents. McGuire Sponsel leveraged PTG’s commitment to the community and national presence to secure an incentive package with full state and local support; providing $20,000/job value back to the company.
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$800,000
Kentucky Business Investment (KBI)
State and Local Incentives
| Kentucky Business Investment (KBI) | $800,000 |
| Total Incentives | $ |