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Operations & Footprint 19 Sep 2026

Pratt Industries to build first Iowa corrugated plant in Bondurant

Pratt Industries will build its first Iowa manufacturing facility, a corrugated packaging plant in Bondurant, with total capital investment of USD 97.6m including more than USD 80m in equipment. The project is expected to create 105 jobs and has been awarded USD 1.8m in tax credits by the Iowa Economic Development Authority.

Why this mattersThe plant extends Pratt's US corrugated footprint into a new state, adding capacity against Smurfit Westrock, International Paper and Packaging Corporation of America.

  • Total capital investment of USD 97.6m, including more than USD 80m in manufacturing equipment
  • The corrugated plant in Bondurant will be Pratt's first manufacturing facility in Iowa
  • The project is expected to create 105 jobs, 20 of them incented at a qualifying wage of USD 35.11 per hour
  • The Iowa Economic Development Authority awarded USD 1.8m in tax credits through its BIG programme on 19 September 2026
  • Pratt (4.0 Corrugating), LLC, a subsidiary of Pratt Corrugated Holdings, is part of Atlanta-based Pratt Industries
Pratt Industries
Sources nipimpressions.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-22 · Edited before publication: Text and figures are accurate against the IEDA release. Materiality raised from 2 to 3: a USD 97.6m greenfield corrugated plant entering a new state is more than routine.
  • 2026-09-22 · Edited before publication: All figures check out against the source (USD 97.6m capital investment, more than USD 80m of equipment, 105 jobs with 20 incented at USD 35.11 an hour, USD 1.8m of BIG tax credits, first Iowa site). Key facts reordered: the corporate-structure bullet is the least material and cannot lead, while the investment figure is the news. Wording of the wage bullet tightened to ma