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Canadian packaging maker Sterling Packaging, backed by Druid Capital, is investing $6 million in a new 60,000 sq.ft building at Monroeville Industrial Park in Alabama, creating up to 55 jobs. The announcement was made on March 5, 2023.
UB Community Development announced $8.5 million in New Market Tax Credit funding for Sterling Packaging to reuse a vacant spec building and buy new equipment in Monroeville, Alabama, for a 60,000 sq ft facility, targeting 55 new full-time jobs.
Sterling Packaging is investing $6 million in a new 60,000 sq ft building at Monroeville Industrial Park in Alabama, creating up to 55 jobs. The investment is backed by state, county and city incentives totaling $3.2 million.
