HILLSBORO, ORE. — Sports shoe maker Nike Inc. wants to create a new, $20 million home for its plastics subsidiary and other operations.
The 800,000-square-foot facility being planned for Hillsboro, near Portland, will house Tetra Plastics Inc. and Nike's AirSole unit, which inflates the polyurethane film bags Tetra makes for the company's ``Air'' lines of cushioned shoes.
Tetra, now in Tigard, does sheet extrusion and blow molding for Nike, and custom work for outside customers.
Nike plans to have the new facility up and running by April 1998.
Tetra will share 391,000 square feet of the building with AirSole; the rest will be used for warehousing and offices. Of 1,740 projected employees who will work there, about half will work for Tetra, said Nike spokesman Jim Small.
All of the current employees at Tigard will move to Hillsboro under the plan. A second Tetra plant in Chesterfield, Mo., will not be affected.
Nike's total sales have climbed from $3.7 billion in 1995 to $6.4 billion for its 1996 fiscal year, which ended in May.
The company's goals include having $12 billion in sales by 2001.