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 Economic Development News 
Tuesday, November 12 2019

Company investing $10 million into expansion

Seneca, SC -- ACI Plastics, a thermoplastics processor and recycler, announced plans for a $10 million expansion to its operations in Oconee County. The company will partner with PreZero, a leading recyclables manager, on this project.

For more than 30 years, ACI Plastics has been known for its separation technologies for paint removal, instrument panels, electrostatic and optical separation.

PreZero provides end-market solutions to waste generators and collectors. The company builds and operates state-of-the-art facilities that convert organic waste, plastics and paper into valuable raw materials and commodities.

Posted by: AT 10:19 am   |  Permalink   |  Email
Thursday, August 29 2019

Increased PVC production and other activity at Baton Rouge facility will result in more than 80 new jobs

Baton Rouge, LA -- Governor John Bel Edwards and Plant Manager Paul Heurtevant of Formosa Plastics Corporation, Louisiana (FPC) announced the company will invest $332 million to expand its production of polyvinyl chloride resin, or PVC. Formosa Plastics also will add production equipment in two other units of the company’s Baton Rouge manufacturing facility, which FPC has operated since 1981.

The project will create 15 new direct jobs with an average annual salary of $77,667, plus benefits. Louisiana Economic Development estimates the project will result in 66 new indirect jobs, for a total of 81 new jobs in East Baton Rouge Parish and the Capital Region. Formosa Plastics also will retain 230 existing jobs. The expansion work is expected to create 500 construction jobs beginning in early 2020.

Posted by: AT 10:19 am   |  Permalink   |  Email
Friday, September 07 2018

Company says business climate, workforce are key reasons why it’s growing in Wisconsin

Madison, WI — Nolato Contour, a plastics manufacturer, is expanding its facility in St. Croix County – a $17.9 million project expected to create 62 jobs over the next three years.

“Nolato Contour is a global leader in manufacturing plastics, and we applaud the company for its continued investment and commitment to the State of Wisconsin,” said Governor Scott Walker. “This growth is great news for the entire region, and the expansion will position the company for future success right here in Wisconsin. This is another example of a Wisconsin business that has chosen to grow in our state because of our outstanding business climate and dedicated workforce.”

Posted by: AT 01:26 pm   |  Permalink   |  Email
Monday, May 07 2018

Attendees from Around the World Convene to Uncover All that Plastics Has to Offer

Orlando, FL — NPE2018: The Plastics Show officially kicked off today. The Opening Ceremony included remarks from Orange County Mayor Teresa Jacobs, Plastics Industry Association (PLASTICS) President and CEO William R. Carteaux, PLASTICS Chair of the Board of Directors Wylie Royce and NPE2018 Chair Glenn Anderson. Bigger and better than ever, this year’s show will complement the business transactions and relationships made on the show floor with educational opportunities for attendees. New to NPE® are the Plastics Leadership Summit and Re|focus Sustainability & Recycling Summit, two co-located educational events for sustainability and C-suite executives, respectively.

“We’ve intentionally designed programming for attendees who’ve expressed interest in expanded educational opportunities at NPE. We’ve created the Plastics Leadership Summit and co-located the annual Re|focus Sustainability & Recycling Summit to bolster on-site learning,” said William R. Carteaux, president and CEO of PLASTICS. “We also announced a 100 percent waste diversion goal to further our industry’s commitment to the environment.”

Posted by: AT 10:00 am   |  Permalink   |  Email
Tuesday, October 27 2015

Athens, AL -- Shape Corp. is expanding operations to Alabama, planning to build a $24 million facility in Athens, according to a news release from Gov. Robert Bentley.

Shape, which is based in Grand Haven, Mich., specializes in injection molding and metal roll-forming. It operates globally with operations in the United States, Mexico, France, the Czech Republic, China and Japan. It serves many industries, including automotive, office furniture, medical and agriculture.

Posted by: AT 01:12 pm   |  Permalink   |  Email
Friday, October 16 2015

Company to invest $2.4 million, create 79 new jobs
Melbourne, AR -- Micro Plastics, the largest manufacturer of threaded nylon fasteners in the world announced the company will locate a facility in Melbourne, Arkansas. Through the expansion, the company will invest $2.4 million and create 79 new jobs over five years in Melbourne. Production is scheduled to begin in the first quarter of 2016.

“This year is the 40th anniversary of our move to Arkansas,” said Tom Hill, President of Micro Plastics, Inc.  “In that time we’ve grown from 15 employees to nearly 400 at our plant in Flippin.  We are plotting our future for continued success and growth and we are looking forward to the Melbourne plant and community being a major part of that."

Posted by: AT 09:24 am   |  Permalink   |  Email
Wednesday, March 18 2015

Company to invest $2.5 million, create 10 new jobs

Maumelle, AR -- Plastic Ingenuity today announced it is expanding its facility in Maumelle, Arkansas. The company plans to invest $2.5 million in the facility and add 10 jobs, bringing total employment to 60 once the expansion is complete.

The expansion will allow Plastic Ingenuity to increase production of their plastic food packaging lines.

“Plastic Ingenuity is thankful for the continued support from the State of Arkansas and the City of Maumelle,” said Jess Mellenthin, Plastic Ingenuity Plant Manager.  This expansion will allow the Maumelle facility to become a larger player in the rapidly growing food segment of plastic packaging.  The added space and new auxiliary equipment will increase our efficiency and bring more work to central Arkansas.”

Posted by: AT 10:03 am   |  Permalink   |  Email
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