Temkin International Inc. has moved its headquarters from Springville to Payson.
The move provides Temkin with 250 percent more space. It was made possible in part by a $2 million low-interest loan from the Community Development Block Grant program administered by the Division of Housing and Community Development.
The company has 350 employees and is expecting to add 100 more over the next five years. It manufactures flexible-film packaging products.
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A grand opening for the new facility at 213 S. Temkin Way will take place from 1 to 5 p.m. Friday. A ribbon-cutting ceremony is set for 3 p.m.