Airlite Plastics Co. is asking Omaha for tax-increment financing in Airlite's construction of an 80,000-square-foot addition to its 34-acre campus in the city.
Airlite may invest $19 million in the project, which awaits approval from the Omaha City Council in a few weeks.
City agencies have recommended approval.
Airlite injection molds thin-wall packaging and does shape molding of expanded polystyrene.
``The facility to be built is for EPS only,'' Brad Crosby, president and chief executive officer, said by telephone.
The company manufactures EPS integrated concrete forms for the building industry and insulated shipping containers for a variety of pharmaceutical and meat products.
Airlite moved the injection molding operations three miles into a 330,000-square-foot building in early 2001 and now is planning to move the EPS operations from 30,000 square feet near the old location.
The company operates 13 Hirsch and Kurtz shape molding machines for EPS work and, after completing construction, anticipates adding two more shape molding presses.
Currently, Airlite runs 40 injection molding machines with 300-500 tons of clamping force, making dairy containers and lids of polypropylene and high density polyethylene.
Airlite employs 600 and recorded sales of $72 million for the fiscal year ended May 31.