Dive summary:
- Petoskey Plastics, based in Petoskey, Mich., has announced an $16 million investment to expand its operations in Hartford City, Ind.; Petoskey, Mich.; and Morristown, Tenn.
- The expansion includes a new Global Enterprise Resource Planning software system, four blown film lines and one drawtape line at the 300,000-square-foot closed loop recycling facility in Hartford City, Ind.
- Petoskey currently processes more than 30 million pounds of post-consumer plastic turning it into plastic pellets, when the expansion is complete, the company will be able to re-fabricate the pellets back into plastic goods.
From the article-
Plastic film and bag producer and recycling company Petoskey Plastics, Petoskey, Mich., is expanding its operations in Hartford City, Ind.; Petoskey, Mich.; and Morristown, Tenn. The company, which has invested $16 million on the projects, expects to have the expansions completed by April 2013. The investments include a new Global Enterprise Resource Planning software system. ...