Pratt gets formal welcome

Ed Kersey talks at the Wapakoneta Economic Development Council annual luncheon at the Grand Plaza Banquet Center on Wednesday. Kersey will be the project manager during the construction of the planned $310 million Pratt Industries facility to be built in Wapakoneta.
Staff Writer

The Wapakoneta Area Economic Development Council hosted its annual luncheon at the Grand Plaza Banquet Center in Wapakoneta on Wednesday, and took the opportunity to formally introduce what will soon be a dramatic change to the Wapakoneta economic landscape.

As previously reported by the Wapakoneta Daily News, Pratt Industries, America's fifth largest corrugated packaging company, will break ground on a new facility in the industrial park south of US-33.

Construction is set to begin on the 100 percent recycled paper mill and corrugated box factory in March of 2018, and should be operational by late 2019.

In front of a packed house, Ed Kersey, who will be tasked with managing the project, was on hand to present himself, the company, and the details of the project to Wapakoneta.

The privately held packaging company, which is projected to drive in $2.6 Billion in revenue this year, will build a state of the art facility, utilizing the latest paper recycling technologies, and will create 300 new jobs.

Kersey detailed what Wapakoneta should expect once the mill becomes fully operational, using a recently opened plant in Valparaiso, Indiana, as a model.

The northwestern Indiana town of roughly 30,000 saw a similar Pratt project undertaken about ten years ago, from which, according to Kersey, Valparaiso benefited greatly.

He expects...

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