SIMI VALLEY, CALIF. — Poly-Tainer Inc. acquired additional space in Simi Valley for $4.9 million Feb. 2.
By late March, it plans to start moving some operations to the adjacent 65,000- and 30,000-square-foot buildings. The site is about one mile from Poly-Tainer's existing 35,000-square-foot facility, which the company will keep.
After making improvements, Poly-Tainer will relocate an off-site warehouse. In April or May it will move a decorative silk-screening and PET blow molding plant, said, John Griffin, chief financial officer.
Poly-Tainer has arranged for hiring incentives through Ventura County's Workforce Development Division and a low-interest loan from the California Integrated Waste Management Board. Since Poly-Tainer uses recycled plastics in some products, it qualified for IWMB assistance through the county's recycling market development zone.
Poly-Tainer uses recycled high density polyethylene and PET in about 10-15 percent of its output and aims to boost recycled use to 20-25 percent, Griffin said.
Poly-Tainer employs 213 and may hire 25-30 more, he said.
Poly-Tainer ranked 82nd in Plastics News' 1998 survey of North American blow molders. The firm reported $12 million in total sales and $11 million in blow molding-related sales.