# Pactiv to expand Mooresville, North Carolina plant with $15M investment

Pactiv LLC will invest $15 million to expand its existing Mooresville facility in Iredell County, with a county incentive of up to $270,158 over five years. Completion is anticipated by December 31, 2021.

- Type: Expansion
- Announced: 2021-01-11
- Where: Mooresville, Iredell County, North Carolina, United States
- Value: $15.0M
- Status: announced
- Products: paper packaging, plastic packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Pactiv](https://endata.com/companies/231.md)
- [Iredell County Economic Development Corp.](https://endata.com/companies/7474.md) (investor)

## Sources

- [iredellfreenews.com](https://www.iredellfreenews.com/news-features/2021/iredell-commissioners-approve-economic-development-incentives-totaling-more-than-650k/), 2021-01-11: "The agreement with Pactiv is based on an investment of $15 million with an economic incentive of up to $270,158 over a five-year period."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.