Lyne opening second recycling plant

By Frank Antosiewicz
Correspondent

Published: February 22, 2013 2:28 pm ET
Updated: February 22, 2013 2:38 pm ET

LA MONTE, MO. -- Recycler Lyne Plastics LLC soon will be opening a 50,000-square-foot facility in Sedalia, Mo., and starting a new production line, according to company officials. The plant will be Lyne's second.

Lyne, based in La Monte, is a wholesale industrial recycling company. It offers toll service for plastics grinding and cleaning.

Company officials said in an email that the new line in Sedalia will be in full production by March. It will be running 24 hours a day, five days a week and will reprocess about 1 million pounds a month. They said Lyne has plans for a second line.

The company plans to create 14 new jobs in the next two years.

Lyne is co-owned by Lyman and Lesa Lyne, who serve as president and vice president, respectively.

The company was started 20 years ago when Lyman and his late father gained the opportunity to grind baby-wipe dispensers. They used the family barn and a makeshift line. With a system that included a 7½-horsepower grinder and a single 8-inch blade, they added a conveyor made from an old wringer washer and scrap iron. They used a 1930s band saw to split the lids so they could fit in the grinder.

The company moved to a 5,000-square-foot site in La Monte in 1994. One of the first jobs was to reprocess plastic outdoor lawn furniture that was piled 6 feet deep and scattered over 3 acres of land. They soon added washing and drying as well.

After getting additional capital, Lyne grew into processing 1 million pounds of plastic a year.

The project has an estimated capital investment of $1.2 million. The Department of Economic Development has authorized an incentive package that includes $57,602 in Enhanced Enterprise Zone program tax credits over five years.

The company credited Pettis County and Sedalia officials for helping to make the move possible.


Comments

Lyne opening second recycling plant

By Frank Antosiewicz
Correspondent

Published: February 22, 2013 2:28 pm ET
Updated: February 22, 2013 2:38 pm ET

Post Your Comments


Back to story

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events