Mayor Announces Plans for Berry Plastics’ Manufacturing Expansion and Creation of 115 New Jobs

(EVANSVILLE, IN) – At a news conference today, Evansville Mayor Lloyd Winnecke, Vanderburgh

County Commission President Marsha Abell and Growth Alliance for Greater Evansville President
Deborah Dewey announced infrastructure plans that reaffirm the City, County, and State’s commitment
to implementing measures to ensure retention of current jobs and creation of new jobs within the
region.

In turn, Berry Plastics Corporation is investing approximately $33 million in its facilities in Evansville City
/ Vanderburgh County and adding approximately 115 professional, technical, and production
employees. Berry Plastics, which employs more than 1800 associates in Vanderburgh County and
approximately 15,500 worldwide, will add the 115 jobs locally over the next two years. It is anticipated
that, over the next 10 years, the City of Evansville/Vanderburgh County will receive a positive economic
impact in excess of $236 million as a result of the new jobs created and capital investment made by the
Company.

“Berry Plastics’ decision to invest more than $30 million to expand its Evansville-based operations and
add 115 new jobs is proof of the company’s continued commitment to our community. The hard work
and diligence by numerous City, County and State agencies made today’s announcement a reality, which
goes to show that even in a difficult economic environment, economic development is still possible
when parties work together for creative solutions,” said Mayor Winnecke.

“The best economic development tool an elected official can use to bring new businesses and jobs to an
area is to spotlight an outstanding company such as Berry Plastics, which not only operates in Evansville
and Vanderburgh County but has selected this area for expansion,” said Commissioner Abell.

To ensure reliable delivery of raw material required for manufacturing at 101 Oakley Street, the State of
Indiana has offered Berry Plastics Corporation a $400,000 grant towards the addition and upgrade of rail
infrastructure. As part of the rail improvement project, one parallel railroad track will be added to
enhance car capacity and switching options along Division Street. The City of Evansville also offered
Berry Plastics Corporation a $40,000 grant to use towards the rail infrastructure additions estimated to
cost in excess of $900,000. Berry Plastics will fund the remaining $460,000, which will improve the
delivery of raw materials in Evansville and ensure the retention of as many as 500 existing jobs.

Berry Plastics’ Oakley Street facility receives the majority of its raw material via the rail infrastructure on
Division Street, and solving logistics at this site were keys to the future of company operations.

“The current rail service to the Oakley Street facility is sufficient for today’s production needs. However,
the existing rail infrastructure would not be able to transport the additional raw materials associated
with an increase in production capacity,” explained Jon Rich, Chairman and CEO of Berry Plastics.

“We are extremely appreciative of the City, County and State officials who worked diligently with us to
develop and secure the infrastructure plans necessary to allow for growth at our Evansville facilities,”
added Rich. “The capital investment we are announcing today is in direct support of our strategic goal
of accelerating our innovative product development and the bringing to market of exciting new products
that provide solutions for our customers.”

In support of the creation of new jobs, the City of Evansville and Vanderburgh County offered Berry
Plastics Corporation a 10-year Tax Phase-In on personal property investment. The State of Indiana also
offered Economic Development for a Growing Economy (EDGE) Tax Credits in the amount of $800,000.

“Retention and expansion of existing businesses like Berry Plastics continue to form the basis for so
much of our local economic growth,” said Growth Alliance President Deborah Dewey. “Berry Plastics
attracts and develops a highly skilled workforce, adding value to our community.”