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Founded Year

1993

Stage

Acquired | Acquired

Total Raised

$7.52M

About Phoenix Packaging Corporation

Phoenix Packaging Corporation was a Business Products & Services/Packaging company based in Canton, Ohio. Phoenix Packaging Corporation was acquired in 2001.

Phoenix Packaging Corporation Headquarters Location

3075 Brookline Road

Canton, Ohio, 44720,

United States

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Phoenix Packaging Corporation Patents

Phoenix Packaging Corporation has filed 4 patents.

The 3 most popular patent topics include:

  • Cuttlefish
  • Goldfish breeds
  • Graphical projections
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/13/2013

11/20/2018

Cooking utensils, Food storage containers, Food packaging, Plastics industry, Diffusion

Grant

Application Date

11/13/2013

Grant Date

11/20/2018

Title

Related Topics

Cooking utensils, Food storage containers, Food packaging, Plastics industry, Diffusion

Status

Grant

Latest Phoenix Packaging Corporation News

TD Community Development Corporation Supports Expansion of Phoenix Packaging with $15 Million in New...

Dec 18, 2018

News provided by Share this article CHERRY HILL, N.J., Dec. 18, 2018 /PRNewswire/ -- TD Community Development Corporation (TDCDC), a wholly-owned subsidiary of TD Bank, N.A., today announced that it allocated $15 million in New Markets Tax Credits (NMTC) to assist in the approximately $50 million expansion of Phoenix Packaging Operations, LLC, a minority-owned packaging company located in Dublin, Virginia. Leveraging the NMTC funding provided by TDCDC, Phoenix Packaging is making a long-term investment in Pulaski County and its workforce by modifying its existing manufacturing plant and building a 250,000-square-foot expansion. The company also will invest in machinery, equipment, and training and development programs. TDCDC's NMTC allocation also will allow Phoenix Packaging to participate further in environmentally sustainable initiatives and practices, including more environmentally friendly production methods of polypropylene K-Cup® Pods used in Keurig® coffee brewers that employs a more recyclable and eco-friendly class #7 plastic than the current class #5 plastic. The project allows Keurig® to decrease greenhouse gas emissions attributed to K-Cup® Pod production by 27 percent. Dublin, Virginia, once a booming location for the coal mining industry, now suffers from high unemployment and economic distress. Phoenix Packaging has announced that its expansion will result in the creation of 145 new jobs and the retention of approximately 400 local positions that pay double the area's living wage. The company will also offer apprenticeships and job training programs. "As a family- and minority-owned business, we recognize the Dublin community as a key stakeholder in our company," said Alberto Peisach, CEO for Phoenix Packaging. "The NMTC allocation from TDCDC allows us to continue growing our employee base in Dublin while investing in their training, development and overall health and well-being." "TD is deeply committed to the communities it serves, and we're proud to support socially and environmentally responsible companies like Phoenix Packaging," said Michael Cooper, Deployment Director, New Markets Tax Credit Program, TDCDC. "We are honored to help this company make a long-term investment in the people of Dublin, while also developing sustainable products that will positively impact our planet for decades to come." About Phoenix Packaging Operations, LLC  Phoenix Packaging Operations, LLC (Grupo Phoenix) is a leading manufacturer and distributor of innovative consumer and foodservice packaging products across the Americas. Grupo Phoenix has production plants in Colombia, United States, Mexico, Uruguay, and Venezuela; and the Company currently serves clients in over 30 countries. Grupo Phoenix is the strategic packaging partner for leaders across multiple categories and segments such as dairy, desserts, coffee, beverages, ice cream, soups, spreads, cosmetics and household cleaning areas, among more than other 20 vertical markets. About TD Community Development Corporation TD Community Development Corporation (TDCDC) is a certified Community Development Entity and wholly-owned subsidiary of TD Bank, N.A. Since 2007, TDCDC has been a five time Allocation Award winner under the NMTC Program, investing in the revitalization of low-income, urban and rural neighborhoods across TD's Maine to Florida footprint. To date, TDCDC has deployed $340 million in NMTC allocation authority and leveraged over $500 million in project financing to support 37 projects. TDCDC's bifurcated deployment strategy helps commercial and industrial businesses create and retain high-quality jobs and helps community-based organizations improve and expand local services, resources and facilities. In February of this year, the U.S. Treasury's CDFI Fund awarded 73 Community Development Entities (CDEs) a total of $3.5 billion in New Markets Tax Credits. Since 2003, the federal program has created or retained approximately 1,000,000 jobs and financed more than 5,400 businesses around the nation. For more information on working with the TD Community Development Corporation, contact Michael Cooper at michael.cooper3@td.com . SOURCE TD Bank

  • When was Phoenix Packaging Corporation founded?

    Phoenix Packaging Corporation was founded in 1993.

  • Where is Phoenix Packaging Corporation's headquarters?

    Phoenix Packaging Corporation's headquarters is located at 3075 Brookline Road, Canton.

  • What is Phoenix Packaging Corporation's latest funding round?

    Phoenix Packaging Corporation's latest funding round is Acquired.

  • How much did Phoenix Packaging Corporation raise?

    Phoenix Packaging Corporation raised a total of $7.52M.

  • Who are the investors of Phoenix Packaging Corporation?

    Investors of Phoenix Packaging Corporation include Sonoco.

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