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(WBIR - Knoxville) There will be more than 200 new jobs in Knox County after Governor Bill Haslam, along with the Economic and Community Development Commission (ECDC) and WS Packaging Group, Inc., announced Thursday a multi-million dollar expansion.

WS Packaging announced a $43 million expansion of its current operations by opening up a new location in the PBR building in northwest Knox County. The company said the expansion will help increase operations, and also consolidate its Knoxville facilities. The company also said it would bring 231 new jobs to the area.

The company's move to its new location should be finished by mid-July 2014. The company said it plans to begin the hiring process in March.