New York compounder moving to new location

By Frank Esposito
Senior Staff Reporter

Published: February 7, 2014 12:41 pm ET

Related to this story

Topics Automotive, Consumer Products, Lawn & garden, Recreational/sporting goods, Materials Suppliers

Compounder CRC Polymer Systems Inc. will spend almost $1 million to open a new 27-employee manufacturing site in Sodus, N.Y.

Rochester, N.Y.-based CRC will receive $160,000 from state and county agencies to fund the $910,000 project, which will include renovating a vacant plant formerly occupied by sealing maker Garlock Sealing Technologies. Of that amount $120,000 will come from the Wayne County Industrial Development Agency, and another $40,000 will come from state-funded Empire State Development.

This support "was all instrumental in making this effort come to fruition," CRC co-owners Todd Ewing and Dave Saldo said in a Feb. 5 news release from the office of Gov. Andrew Cuomo. "The entire community has been very supportive, and we look forward to bringing new jobs into Wayne County."

In the release, Gov. Cuomo added that "the growth of CRC…is just another example of the progress we are making to grow business and create new economic opportunities in upstate New York."

"All across the state, we are seeing the rehabilitation of dilapidated, abandoned factories that are coming back to life," he said.

CRC makes a wide variety of color and additive compounds based on both commodity and engineering resins. The firm sells into numerous end markets, including industrial, housewares, lawn and garden, automotive, sports and leisure.

CRC officials could not be reached for comment. According to the release, CRC's business office and main compounding operation "will be centralized in one location in Wayne County." Sodus is in Wayne County, while Rochester is in neighboring Monroe County. The two cities are about 30 miles apart.

CRC also will receive $160,000 in state tax credits, in return for proposed investment and job creation commitments.


Comments

New York compounder moving to new location

By Frank Esposito
Senior Staff Reporter

Published: February 7, 2014 12:41 pm ET

Post Your Comments


Back to story


More stories

Image

Huntsman closing four pigment plants

March 5, 2015 3:36 pm ET

Huntsman Corp. is closing four plants — three in the U.S. and one in Germany — that make pigments for plastics and other markets.    More

Image

Auto supplier Motus adds more production as it buys Leon Interiors

March 5, 2015 10:52 am ET

Motus Integrated Technologies, a Tier 1 automotive interiors supplier, is getting bigger, adding the assets of Tier 2 supplier Leon Interiors Inc.    More

Image

Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per...    More

Image

Wright Plastic Products buys Tennessee auto supplier Hope Industries

March 4, 2015 3:51 pm ET

Michigan custom injection molder Wright Plastic Products Co. LLC has acquired Tennessee-based automotive supplier Hope Industries Inc., the companies ...    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

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

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

More Events