After investing $7 million in operation upgrades in 2020 followed by a facility expansion in 2021, Volk Packaging Corp. has made an additional $8 million investment to improve its capacity and capabilities.
The family-owned and -operated corrugated sheet plant, based in Biddeford, added a large box-making machine called a “flexo folder-gluer,” along with a new rotary die-cutter that includes a printing function.
The $8 million investment was financed primarily through Bangor Savings Bank with the balance financed through Equipment Finance Corp. out of Alpharetta, Ga., CEO Derek Volk told Mainebiz.
Both machines are designed to expedite customer service and meet growing demand. Volk Packaging serves customers throughout New England, upstate New York and eastern Canada.