Clearplass Containers Inc., a rapidly growing bottle maker and injection molder based in upstate New York, has leased a 53,000-square-foot facility in Albia, Iowa, to make bottles and jars for private-label pharmaceutical products.
Initially, the company will lease the existing facility, but it plans to invest more than $4 million during the next three years to build and equip a new plant, its first in the Midwest. The firm, based in Penn Yan, N.Y., operates a 100,000-square-foot plant there that does injection blow molding and injection stretch blow molding. The company also has a 20,000-square-foot facility in Sheffield, Ala., controller Donald Oakleaf said in a Nov. 10 telephone interview.
Clearplass will hire 60 workers at the Albia plant. Oakleaf could not provide details about the type of equipment the company is installing and he declined to say how much in annual sales Clearplass expects for the unit. He did note that sales for the firm are up 34 percent compared with the previous year.
The firm reported 1996 blow molding sales of $10 million, and has 15 blow molding machines, according to a survey it completed for Plastics News' ranking of North American blow molders.
The privately held business employs 175. It received $150,000 in loans and grants from the Iowa Department of Economic Development to place the operation in Albia.