Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip a new plant in Greenfield.
The manufacturer and distributor of packaging and display products, which has 16 locations nationwide, said the 47,000-square-foot manufacturing facility will be built at 2200 Royal Drive.
Construction on the building, and hiring, are set to begin by the end of the year. Royal Box Group employs 35 people at its existing Greenfield plant.
The Indiana Economic Development Group said it will provide Royal Box Group $350,000 in performance-based tax credits. The city of Greenfield has approved additional property tax abatements.
The company has operated in Greenfield since the 1950s and moved to its current location after its original factory was destroyed by fire in 1999.