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

Falcon Plastics expands in South Dakota

January 29, 2015 11:45 am ET

Falcon Plastics Inc. is putting the final touches on a 60,000 square foot addition that will nearly double the size of its Brookings, S.D.,...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the...    More

Image

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

Viking Plastics honored for employee relations

January 26, 2015 12:43 pm ET

Custom injection molder Viking Plastics has won DevelopErie’s 2014 Employer of the Year Award for manufacturing in the Erie, Pa., region.    More

Image

Continental builds low-emission interior trim factory in China

January 26, 2015 12:33 pm ET

Benecke-Kaliko AG is making the largest investment in its history to build an environmentally friendly auto interior trim plant in China, prompted by ...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

More Events