Dive summary:
- Petoskey Plastics is investing $16 million to expand all three of its facilities in Michigan, Tennessee and Indiana.
- The majority of the money will go to Petoskey’s Hartford City recycling facility in Hartford Ind. where they plan on installing several blown film lines to be able to process and remanufacture plastic materials.
- When the expansion is completed, the facility will make “highly cost-effective bags and film made with the lowest carbon footprint in North America,” according to Paul Keiswetter, the President of Petoskey.
From the article:
Petoskey opened its 300,000 square-foot Hartford City facility in 2007. In 2011, the company spent $3 million to increase the plant’s capacity. It reprocessed more than 30 million pounds of post-consumer plastic last year.
The company plans to add 30 jobs at the location, but is having trouble finding applicants to fill the positions, according to the release. ...