Zacros America will move its Hedwin division, along with 154 manufacturing jobs, from Baltimore to Newark, Del., state officials said Tuesday.
Hedwin, which launched in Baltimore in 1946, makes plastic containers used by cosmetics, food, pharmaceutical and sanitary industries. In 2014, the company was purchased by Fujimori Kogyo Co., a Japanese converter of flexible films and packaging. During the same year, Hedwin became a division within Fujimori’s subsidiary, Zacros America.
The announcement comes a day after the company won approval for nearly $885,000 in performance and capital expenditure grants from the Delaware Economic Development Office (DEDO).
“When we looked at potential sites for Zacros America, Delaware had the best workforce and the right location,” Hedwin COO Maurice LeCompte said in a statement. “We felt that Delaware wanted to promote manufacturing more than the other options we were considering. We also saw the greatest potential for a strong partnership with the state and its business community.”