RXI Plastics plans to establish its seventh facility, in leased space in Plainfield, Ind.
``We are negotiating at this point with the landlord and local government,'' Michael Farahnik, RXI vice president, said in a July 2 telephone interview.
The molder of proprietary and custom products anticipates starting with 30 employees in Plainfield and possibly beginning operations in February.
RXI may take about 105,000 square feet of a 400,000-square-foot facility owned by an Indianapolis developer. Plainfield's town council gave tentative approval July 13 to RXI's request for a 10-year personal property tax abatement on manufacturing equipment and scheduled a July 27 hearing on the matter. RXI may invest $7.5 million in machinery. The Indiana tax board would determine what the abatement would cover.
During 1997, RXI relocated a California plant to Valencia from Sun Valley and added 23,000 square feet to a 160,000-square-foot facility in Triadelphia, W.Va.
RXI's other plants are in Houston; Scott City, Mo.; Ottawa, Ohio; and Richmond, Va. The firm injection molds and injection blow molds low, medium and high density polyethylene, polypropylene, PET and polystyrene. It makes 145 closures, sifters, closure-sifter combinations, nozzles, dispensers, food and spice bottles and jars.
RXI, a division of Los Angeles-based RXI Holdings Inc., ranked 24th in Plastics News' survey of North American blow molders, with estimated sales of $78.4 million.