American Packaging Corporation (APC) is a flexible packaging converter that services the food, beverage, medical, personal care, agriculture and other specialty markets. APC currently has manufacturing plants in Wisconsin, Iowa and Rochester, and the Rochester plant serves as its headquarters. APC is proposing to build a state-of-the-art manufacturing facility on 40 acres of land at 100 Beaver Road in the Town of Chili. The project will be constructed in 3 phases: Phase 1 will include the construction of a 215,000 square foot building and an investment of $36 million in equipment. Phase 1, which involves a total investment of $48.3 million, will impact 170 FTEs and is projected to create 70 new FTEs over the next three years at the Chili facility. Phase 2 and 3 are projected to create an additional 192 FTEs. Before deciding the facility would be constructed in Chili, APC considered an expansion at existing facilities in Iowa and Wisconsin. APC will maintain their City of Rochester operations. The applicant is seeking approval of a custom property tax abatement, which is supported by the Town of Chili. The Benefit/Incentive ratio is 2:7:1.