HANCOR OPENING THIRD SOUTHEAST FACILITY

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FINDLAY, OHIO — Hancor Inc. plans to build a corrugated polyethylene drainage pipe manufacturing plant in Sebring, Fla., to meet growing demand in the Southeast.

The Findlay-based company expects to open the facility in August and employ 50 to make pipe from 3-60 inches in diameter. Officials did not disclose cost of the facility or equipment.

Bill Altermatt, vice president of marketing, said his firm chose Corma Inc. of Concord, Ontario, as a supplier of corrugated PE extrusion equipment. Altermatt said the Florida market for corrugated PE pipe for storm drains and culverts is growing. He claimed such pipe is unaffected by brackish water that harms corrugated metal and concrete pipes.

Hancor's other pipe plants in the region are in Orlando, Fla., and Cordele, Ga. The Sebring facility also will export pipe to South and Central America. Sebring will be Hancor's 15th corrugated PE pipe facility. The firm claims to be one of the largest producers of such pipe in the world.

Bob Housey, vice president of government affairs, said Hancor will lease land from Sebring Airport Industrial Park Authority and will own the manufacturing plant. Local incentives for the project include tax refunds, training and rural development funds, and commitments by local agencies to raise the site above flood-plain level and to construct road and rail access.