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PAC Strapping Products Inc. sells to Fromm Holding AG of Cham, Switzerland, as part of a succession plan. The sale includes sites in Pennsylvania and South Carolina.
U.S. Strapping Co. Inc., a unit of Fromm Holding AG of Steinhausen, Switzerland, will create 63 new jobs through the project, according to the South Carolina Department of Commerce.
U.S. Strapping will invest $34.6 million to expand and plans to add 63 jobs. It will occupy a 145,161-square-foot building in Lancaster for the expansion.
U.S. Strapping is part of FROMM Group, a Swiss company founded in 1947 that develops, sells and services a range of packaging products.
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