Business: Ball Corp. purchases 67-acre Northwest Regional Industrial Park off Ga. 53. Sale price: $1.675 million.

Business: Ball Corp. purchases 67-acre Northwest Regional Industrial Park off Ga. 53. Sale price: $1.675 million.

 

Ball Corp. has purchased 67 acres in what’s known as the Northwest Regional Industrial Park, according to the Rome Floyd Chamber. The site originally was purchased in 1997 by the Gordon County/Floyd County Joint Development Authority. The industrial park is between Rome and Calhoun on West Hermitage Road.

The land was sold for $25,000 an acre for a total price of $1.675 million.

Ball Corp. opened its Rome facility at 110 Ball Drive in 1993 and produces beverage containers. Currently, the Rome operation ships four billion cans annually and employs approximately 185 employees.

It is the latest in a series of existing industries in Rome/Floyd County and Northwest Georgia expanding their footprints or reinvesting with new equipment. That includes the December announcement by International Paper to reinvest up to $150 million here, retaining 500 local jobs. In 2017, STEMCO Rome Friction Factory announced a $16 million expansion and investment that would add 50 jobs.

Ball Corp. “supplies innovative, sustainable packaging solutions for beverage, personal care, and household products, as well as aerospace and other technologies and services primarily for the U.S. government.”

Based in Broomfield, Colo., Ball reported 2018 net earnings attributable to the corporation of $454 million on sales of $11.6 billion, compared to $374 million net earnings attributable to the corporation,on sales of $11 billion in 2017. Expanded financial report.

From the news release:

Said Chamber Chair Elaine Abercrombie: “We are thrilled Ball Corporation has decided to purchase the Northwest Regional Industrial Park. As Chairman of the Rome Floyd Chamber and on behalf of our Board of Directors, I would like to recognize Ken Wright, Director of Business and Industry Services, and Heather Seckman, Director of Economic Development, for their hard work and diligence for this project.”

Please check here for the expanded media release.

 

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