Lieutenant Governor Little Welcomes Expansion of Plas
FOR IMMEDIATE RELEASE CONTACT: Greg Wilson
September 10, 2015 (208) 334-2200
Lieutenant Governor Little Welcomes Expansion of Plastic Plant to the Magic Valley
Hilex Poly announces it will be expanding its Jerome facility
JEROME, Idaho – Lieutenant Governor Brad Little will participate in the expansion announcement of the HilexPoly Facility in Jerome.
“Today’s announcement is a continuation of great companies adding value to Idaho commodities while simultaneously creating good jobs for Idaho families,” said Lt. Governor Little. “We want companies like HilexPoly in our state.”
Hilex Poly, now known as Novolex, produces plastic carry out bags in their Jerome, Idaho facility. The current site was built in 2004 and has 125 employees with an annual payroll of $7.2 million dollars. Thisexpansion will increase local tax revenue by providing local contractors with increased opportunities and bythe end of April 2016 an increase in 45 jobs is expected. Novolex also produces paper bags, sandwich wraps and many other flexible packaging items.
“The Magic Valley has been the envy of other economic development agencies in other states, thanks to thededicated work of Jan Rogers and the Southern Idaho Economic Development Organization. The MagicValley, among other areas around Idaho, has proven to be the ideal location to build manufacturing facilitiesand we welcome those businesses,” said Little.
Economic benefits of this expansion include:
- New jobs: 45
- Average wage: $40,200
- Total project wages: $27.1 million
The official announcement will take place Thursday, Sept. 10 at 11:30 a.m. at the College of Southern Idaho’s Herrett Center in Twin Falls during the Southern Idaho Economic Development Organization’s annual summit.
Lt. Governor Little will be available for interviews after the announcement.