# Axium Packaging invests $45M in Vertix facility in New Albany, Ohio

Axium Packaging is investing $45 million to construct a new facility called Vertix in New Albany, Ohio, which will also house a new product line for recycled plastic packaging.

- Type: New facility
- Announced: 2022-12-07
- Where: New Albany, Ohio, United States
- Value: $45.0M
- Status: under construction
- Products: plastic packaging products, recycled plastic materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Axium Packaging](https://endata.com/companies/8962.md)

## Sources

- [nbc4i.com](https://www.nbc4i.com/news/columbus-business-first/new-albany-company-invests-45m-in-new-facility-buys-83-acres-for-expansion/), 2022-12-07: "Axium Packaging is investing $45 million in the construction of a new facility called Vertix, which is located at the intersection of Worthington Road and Ganton Parkway in New Albany."

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