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item 5.6
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07-25-2000
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item 5.6
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07/0 /2060 15: 24 6124254399 ADV NUTRITIUNALS <br /> • rapt el <br /> Ill <br /> ANC / PouchPac Industries, Inc. <br /> ANC/PouchPac Industries, Inc. intends to build a new, state of the art flexible packaging <br /> plant in Elk River, Minnesota. This plant will produce, package and distribute beverage <br /> products in stand-up flexible pouches(similar to the Capri Sun"drink pouch produced by <br /> Kraft Foods Corporation). The creation of new technological advances in packaging <br /> machinery has allowed this company to breakthrough into the high speed manufacturing <br /> of these products. It has been noted by the packaging industry trade press that this new <br /> technology (owned by ANC /PouchPac Industries, Inc.)will revolutionize the way <br /> beverages are packaged in North America. Products produced at the Elk River plant will <br /> include common name brand products in the following categories:juice drinks, children's <br /> beverages and sport drinks. National distribution of these products will predominantly be <br /> through grocery and convenience stores. <br /> The Elk River facility will be built by Opus Northwest and will consist of a premium <br /> Fabcon concrete structure standing 34—36 feet in height and totaling approximately <br /> 75,000 square feet after its first phase of construction. The building will also have five to <br /> six 37-foot tall stainless-steel syrup storage tanks architecturally integrated into the <br /> facade. Further expansion is anticipated as part of a multi-phase build-out. The interior <br /> will be finished to consider employee satisfaction, while exceeding all governmental <br /> III regulations set by the USDA and FDA. <br /> ANC/PouchPac Industries, Inc., will eventually employ 180 -200 people in <br /> administrative and manufacturing positions. The production department will consist of <br /> many higher paying technically oriented employment opportunities. ANC /PoucbPac <br /> Industries Inc., has planned an aggressive training program to help place new employees <br /> in these higher pay scale positions. <br /> • <br />
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