MSI Packaging Inc. plans to move from Park 100 to Lebanon Business Park, an industrial park in the Boone County city, according to The Lebanon Reporter.
The company sells and designs stretch films, foam and other packaging materials, and has been looking for a location to expand.
MSI is buying a 6.5-acre site from Duke Realty, then plans to build an 80,000-square foot building costing $3.2 million. The site has room to add 40,000 square feet to the building at a later date.
Twenty-five jobs that generate $1 million in payroll will be moved to the new facility.