Denver-based Plastic Slip Sheets Ltd. has acquired Perma-Fix Plastics Recycling's Houston plant and equipment. Plastic Slip Sheets claims to be the largest producer of plastic slip sheets in the country.
In preparation for its July 1 opening, Plastic Slip Sheets will invest more than $6 million in the Houston plant to upgrade recycling equipment and to install new machines to manufacture slip sheets. Plans are to upgrade the washing systems and grinding facilities -both for internal use and for toll work for current Perma-Fix customers - as well as to add three new, 6-inch extruders during four years. The plastics produced will range from high density polyethylene to special engineering grades.
Plastic slip sheets are a substitute for wooden pallets and are used in conjunction with forklifts. They are lightweight, inexpensive and require less room for storage, the company said. In addition, they can be made entirely from recycled plastic.
``Houston is a great place for raw material sources,'' said President Paul Bennett Jr. ``We strive to make our products of 100 percent recyclable content using post-consumer and post-industry scrap.''
The company has a national recycling program in place with its customers. The firm receives slip sheets back from food-service and computer customers and recycles them.
The new operation will create 85 jobs and retain 15 existing jobs in Houston during the next four years.
Additionally, with the installation of the plant in Houston along with existing plants in Denver and Twin Falls, Idaho, Plastic Slip Sheets will be able to produce 60 million pounds of slip sheets a year.
Perma-Fix, headquartered in Gainesville, Fla., decided to sell the plant to focus on environmental issues and hazardous waste recycling.