SPR Packaging is opening a new $100 million manufacturing plant in Greenville, Texas. The facility will manufacture and distribute plastic film products at a 103,000-square-foot site just off State Highway 66.
The new site sits at 6700 N. Farm-to-Market Road 1570.
The Greenville project adds a manufacturing facility in the United States. SPR is a member of the global Armando Alvarez Group.
Production Capacity And Construction Costs Diverge
The project's financial picture includes a notable wrinkle.
While the Herald-Banner identified SPR's investment in the plant as $100 million, a separate project record reviewed by zabalist.com lists the estimated construction cost at $50 million, or roughly $485 per square foot. That figure is notably higher than the Hunt County median of $170 per square foot for new-construction filings, according to the same project record. The dossier does not clarify whether the broader $100 million figure includes costs beyond construction, so the two numbers are presented here as reported rather than reconciled.
A Years-Long Path Through Permitting And Incentives
The project has been in the pipeline for some time. It was registered with the Texas Department of Licensing and Regulation on March 5, 2024, and that TDLR record was closed on Jan. 4, 2026, per zabalist.com. The same record lists Alvaplast US Development, LLC as the owner of record and notes the facility is privately funded on private land for private use. Its scheduled 487-day build window ran well beyond the Hunt County median of 225 days for comparable new-construction projects, the record states.
The Greenville City Council previously approved offering a payment-in-lieu-of-taxes agreement to SPR Packaging as one of two corporations considering manufacturing plants in the city's Industrial Park, the Herald-Banner reported in a separate article. SPR Packaging is a member of the global Armando Alvarez Group.
Fitting Into Greenville's Broader Growth Push
The plant's arrival comes as Greenville positions itself for continued expansion. BusinessView Magazine has also pointed to high-paying jobs at SPR Packaging and Orbis Corporation as factors that amplify Greenville's appeal to employers.
