Axium Expands Operations in New Albany

Written by Innovate New Albany@InnovateNA11 years ago

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The New Albany Personal Care and Beauty Innovation Campus has not only attracted some of the nation’s leading product manufacturing, labeling, packaging and distribution companies in the industry, now companies in the park are already expanding operations.

Axium Plastics plans to expand its 110,000-square-foot facility that was built just one year ago. The 90,000-square-foot expansion, which nearly doubles its space, will lead to 40 new jobs and add $1.2 million to the annual payroll, says Jennifer Chrysler, director of community development.

The 3,000-acre campus offers a highly integrated cluster of commerce that not only streamlines manufacturing, but also creates enhances collaboration, innovation and speed to market.

In just a few years since the idea came to life, eight companies have opened facilities and a ninth, Exhibit Pro, an exhibition production company, has announced plans to break ground soon on a new facility.

While the concept isn’t new, the campus’ ability to seamlessly turnkey product manufacturing, labeling, packaging and distribution is thought to be a first in the personal care, health and beauty industry.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.