NORCROSS -- One of Gwinnett's biggest employers is bringing even more jobs to the community.
Officials announced Thursday that RockTenn will consolidate its Chicago and metropolitan St. Louis operations to Gwinnett, bringing 500 new jobs and $5 million in capital investments to the county.
"RockTenn expanding its corporate headquarters here is big news -- not only because 500 new jobs will be created, but also because this top Fortune 500 company has chosen Georgia as the best place to keep doing business for years to come," Gov. Nathan Deal said. "RockTenn currently employs more than 1,100 Georgians and helping to secure the future of those existing jobs with this investment is just as important as adding the new ones."
The Norcross-based company will lease about 68,000 square feet in Duluth to house some of the new positions and transfer some people from the corporate campus. According to a press release, all of the positions are professional service jobs.
"RockTenn's choice to further expand its locally headquartered operations and continue to invest in Gwinnett County serves to solidify our community's motto -- success lives here," said Gwinnett County Chairwoman Charlotte Nash.
"The announcement that RockTenn is continuing to keep its corporate headquarters in Norcross is the biggest news in the 140-year history of our city," said Norcross Mayor Bucky Johnson. "On behalf of all of our citizens, I want to thank their chief executive officer, Jim Rubright, for the decision to stay in Norcross. RockTenn is a great community partner and we celebrate this news."
RockTenn is a leading integrated manufacturer of corrugated and consumer packaging and recycling solutions, with net sales of approximately $10 billion. With about 530 jobs currently in the county, it is Gwinnett's 16th largest employer.
Across the United States, Canada, Mexico, Chile, Argentina and China, the company has 26,000 employees. It was not a Fortune 500 company this year, but RockTenn's acquisition will position it for the coveted corporate listing in 2012, a press release said. This will make Gwinnett's fourth Fortune 500 company to either expand or relocate in the last three years, behind AGCO, NCR and the relocation of Asbury Automotive's headquarters from Manhattan in 2008.
"RockTenn is a strong model of business growth and development in Gwinnett," Gwinnett Chamber of Commerce President and CEO Jim Maran said. "The high-wage jobs it is bringing, coupled with the move's contribution to a more balanced tax-base, represent a solid picture of increasing economic stability for Gwinnett and Georgia. We congratulate RockTenn and all of our economic development partners on this great achievement."
In the release, Rubright thanked the governor, mayor and other leaders for their help in the relocation.
"Our continued growth in Georgia enables us to consolidate many of our corporate functions and focus on our primary objectives of providing superior paperboard and packaging solutions to our customers at very low costs, exceeding our customers' expectations and creating long-term shareholder value," RockTenn's CEO said. "This expansion will help us continue to provide our employees with a great place to work."