PET engineering resins distributor Global Polymers Corp. of Louisville, Ky., is building a 100,000-square-foot warehouse in Orangeburg, S.C., that officials say will allow the company to maintain its strong growth rate.
The $3 million warehouse, which will be operated by GPC subsidiary Southern Warehouse & Distribution of Orangeburg, is set to open in October, GPC President Barry McRoberts said in a recent telephone interview.
GPC is one of the largest independent PET distributors in the United States, McRoberts said. In 2000, the firm distributed about 220 million pounds of PET. In North America, GPC distributes PET for Nan Ya Plastics Corp. USA. GPC also distributes for several foreign PET makers.
The new site will feature two packaging lines, blending equipment, 4,000 feet of rail siding and three silos with a total capacity of almost 800,000 pounds.
GPC currently employs eight warehouse workers at leased space in Orangeburg. The new site is to employ 22. GPC also added its sixth full-time salesperson and expects to have 10 soon.
GPC has posted sales growth of at least 50 percent each year since being founded in 1993 by McRoberts and his partner and co-owner Mary Miller, who had worked with McRoberts at Louisville resin broker Lastique International. In its earliest days, GPC operated out of Miller's basement.
PET currently makes up about 80 percent of GPC's product mix, but McRoberts would like to see that reduced to 50 percent in the next five years as GPC moves more into engineering resins.