Holland packaging company logs 500 percent revenue growth, adds 50 jobs

A Holland packaging manufacturer recently exceeded company leaders' expectations when they launched the business two years ago with a prediction of creating 75 jobs. Now the plant will sport $1.5 million in new equipment, possibly paving the way for more growth and more jobs.

According to excerpts from the story:

For an idea of the kind of growth the Holland packaging company, Coastal Container, is experiencing, President and CEO Brent Patterson said, look to the month of July.

It made more sales in that one month than it did in the entire first quarter of 2009.

And for an even better idea, since summer 2008, sales have increased 500 percent, its workforce has expanded from 35 to 85 and it has invested an additional $1.5 million in new equipment, Patterson added.

After starting with 13 employees in 2007, Coastal expects to employ 150 by the end of 2010, with an ultimate goal of 250 in three to five years, he said.

“It’s market share. We’ve got a very lean facility, our flow is very straight lined, we have a green element,” Patterson said. “We have a better mousetrap. There’s a ton of business around here, even though things are depressed the way they are.”

Read the complete story here.


Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.