Heritage Bag Co., a maker of can liners and food bags for a variety of industries, will move its corporate headquarters and southwest division manufacturing facility to Roanoke from Carrollton.
The move to a 330,000-square-foot build-to-suit facility at the southeast corner of Gateway and Patriot parkways within the Alliance Gateway section of AllianceTexas will begin this summer and be completed by the end of January, said Jim Morris, Heritage’s chief operating officer.
The move will involve approximately 200 headquarters and manufacturing employees.
“We feel this new state-of-the art facility will help us to meet our growing needs, allow greater flexibility and access to reach our distribution partners across the U.S., and continue our long history of providing quality products and service to our customers,” said Carl Allen, Heritage’s president and chief executive, in a statement.
The Roanoke City Council on Tuesday approved a five-year economic incentive that rebates, on average, 45 percent of Heritage Bag’s property taxes. The rebate is capped at $250,000, said Scott Campbell, Roanoke’s city manager.
The company must also achieve $24 million in taxable value and create 175 jobs, Campbell said.
Heritage Bag operates six manufacturing facilities across the U.S., employing about 900 workers, making products for use in food service and lodging, healthcare, education, commercial buildings and manufacturing facilities. The Carrollton facility is located on Diplomat Drive.
“We’re very excited to welcome Heritage to AllianceTexas,” said Tony Creme, vice president of Hillwood Properties. “The company is a market leader in their industry, and has a long history providing sales, marketing, and manufacturing expertise to their customers.”
Heritage Bag Co. is a privately-held, family company founded 40 years ago. It has had its headquarters and a manufacturing facility in Carrollton the past 20 years.