Menasha Corp. goes with current site for new headquarters

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Packaging maker Menasha Corp. says it will build a new global headquarters on its existing site in eastern Wisconsin.

Post-Crescent Media reported the new facility will measure more than 100,000 square feet. It will also be the national headquarters of the company’s largest subsidiary, Menasha Packaging Co.

The Neenah Common Council approved a development agreement with Menasha Corp. on Tuesday, including cash incentives of $1.1 million to $1.55 million. The city’s director of community development and assessment says the company’s investment will be around $28 million.

Menasha Corp. says demolition will begin in April, with employees relocating to other facilities, and the new facility will be ready by fall 2016. A plant attached to the existing headquarters will not be affected.

The privately held company says it has more than 4,900 employees and annual sales topping $1.5 billion.