Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
INVASIS proposes lid‑manufacturing expansion in Waco; city to amend incentive agreement
Summary
INVASIS, a packaging manufacturer that already operates a large aluminum‑can facility in Waco, plans a new 183,000‑square‑foot lid manufacturing plant and 71 new jobs; staff recommended a $600,000 grant from the economic development corporation and an amendment to an existing business grant to simplify compliance.
City economic development staff and the Greater Waco Chamber updated the Council on an expansion by INVASIS (global packaging manufacturer) that would add a lid manufacturing plant in Waco and bring at least 71 new jobs and an estimated $45 million in new personal property investment.
Assistant Director Jeremy Pesina and Chris Collins, senior executive vice president for economic development at the Greater Waco Chamber, said INVASIS has invested more than $227 million in its Waco operations to date and employs 221 full‑time workers at the site. The new project will use an adjacent parcel the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
