Genera has announced plans to expand production and distribution at its Sustainable Biomaterials Campus in Vonore, Tennessee. The company, which specializes in the production of circular, compostable packaging solutions, will invest $350 million into the project, generating 230 new jobs for the surrounding area over the next five years. As part of the expansion, 150,000 square feet will be added to the existing plant, and the company will purchase new equipment, including robotically controlled thermoforming machines, autonomously guided vehicles, and automated packaging lines.
In a recent quote, Genera CEO Ben Mascarello said, “Tennessee continues to be an ideal location for Genera to lead the transition to a biobased economy. We’ve developed great long-term partnerships with local landowners, and we’ve built an extremely talented team. Robust financial commitments from our ownership group are enabling us to rapidly scale our manufacturing to meet the needs of our growing customer base.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
