Myers Industries adding jobs in Middlefield, Ohio

By Michael Lauzon
Correspondent

Published: August 27, 2013 5:56 pm ET
Updated: August 27, 2013 5:57 pm ET

Related to this story

Topics Injection Molding, Lawn & garden

Myers Industries Inc. is boosting employment at its Middlefield, Ohio, facility as the plant and office there absorb jobs lost in two recently announced plant closures.

“In July’s second quarter report we announced a reorganization,” said Myers director of investor relations Monica Vinay, in a phone interview. The employment hike in Middlefield “is part of that reorganization.”

Ohio Gov. John R. Kasich’s office announced tax credits for several companies, including Myers, on Aug. 26.

Myers was approved for a tax credit of 40 percent over seven years reflecting its job creation in Middlefield. Vinay said about 65 jobs will be added there. The operation now employs about 400 in manufacturing and administration. It injection molds lawn and garden products like pots and planters for professional growers and retail garden centers and is the segment headquarters for Myers’ lawn and garden business. That business employs about 800.

Additional employment in Middlefield will generate $2 million in additional annual payroll and retain $11 million in existing payroll, the governor’s news release estimated. Viney said there is no plan to expand floor space or buy new equipment for Middlefield.

Myers said in July that it will close production plants in Waco, Texas, and Brantford, Ontario. Concurrently it will open a new plant in Sparks, Nev., the Akron, Ohio, firm announced.

The manufacturer and distributor estimated annual savings of $8 million will result from reorganization of the lawn and garden business.

The company expects the Sparks operation to help it serve the West Coast market. Myers had closed a nursery products plant in Sparks in 2009.

Myers’ lawn and garden segment sales in the second quarter slipped 3.8 percent from a year earlier to $40.9 million. However, adjusted income before taxes was $1.2 million vs. a $1.5 million loss in the 2012 period.


Comments

Myers Industries adding jobs in Middlefield, Ohio

By Michael Lauzon
Correspondent

Published: August 27, 2013 5:56 pm ET
Updated: August 27, 2013 5:57 pm ET

Post Your Comments


Back to story


More stories

Image

RPC Group buying Iceland's Promens

November 27, 2014 8:46 am ET

In a major acquisition that combines two rigid packaging companies with international footprints, RPC Group plc has signed a 399 million euro ($497...    More

Image

Large part molder EnviroTech in 'growth mode,' adds space, equipment

November 26, 2014 9:54 am ET

Salt Lake City-based EnviroTech Molded Products Inc. is adding new equipment and expanding its factory as it gains business in some of its...    More

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost...    More

Image

Canada's Papp Plastics is eyeing big opportunities with JV in Mexico

November 24, 2014 4:11 pm ET

Canadian injection molder and turnkey solution provider Papp Plastics & Distributing Ltd. will open an $11 million to $12 million joint venture facili...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events