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PaperWorks to hire 43 at Alexandria, La. plant

ALEXANDRIA, La. (AP) -- PaperWorks Industries will move a carton-assembling operation to Alexandria, hiring 43 people.

The company folds and glues cartons for Procter & Gamble Co.'s Pineville, La., laundry detergent plant.

Executive Vice President Joe Moynihan says Philadelphia-based PaperWorks wants to be closer to its largest customer. The company will spend $1.6 million on the new location, and expects to cut costs compared to its current location in Baldwinsville, N.Y.

PaperWorks will receive $125,000 from the state and $150,000 over three years from the Greater Alexandria Economic Development Authority. PaperWorks could claim about $1 million more from the state's Quality Jobs program over 10 years, based on an average salary of nearly $40,000 a year. The state is also offering job training and property tax breaks.

The company plans full operations by March.