Food-container maker PWP Industries of Vernon, Calif., is investing $10 million to establish a West Virginia plant to extrude and thermoform amorphous PET.
PWP is interested in expanding quickly, according to Leon Farahnik, chairman of parent HPC Industries LLC of Los Angeles.
Farahnik and Gov. Bob Wise announced the project Aug. 6 in Charleston, W.Va. PWP is outfitting a vacant, 120,000-square-foot building in Mineral Wells, near Parkersburg. Production of bakery and fresh-cut-produce packaging could start in January. The plant eventually could employ 130.
This project ``fits the economy we have in this area due to our concentration of raw material suppliers'' such as DuPont, GE Plastics and M&G Group, said James Kinnett II, president of the Wood County Development Authority in Parkersburg.
A related organization, the Parkersburg-Wood County Area Development Corp., arranged with PWP for a lease-purchase deal in which the purchase price is $4.2 million.
Local development interests constructed the facility on speculation in 1999. For a year it housed a distribution center for retailer Coldwater Creek Inc., until the firm completed a large nearby project.
The availability of a vacant structure was a significant factor in PWP's decision to locate in Mineral Wells. In addition, the plant's proximity to customers will improve PWP delivery times, Farahnik said.
Brothers Paul and Morris Winkler established PWP Industries as Winform Inc. in 1989. Newell Corp. bought the company in 1991, and sold it to PMC Inc. of Sun Valley, Calif., in 1993.
PMC sold the operating subsidiary, then known as Winkler Forming Inc., to HPC last year. PWP is not related to competitor Paul Winkler Plastics Corp., a Buena Vista, Calif., PET extruder and thermoformer that Paul Winkler started in 1998.
In other company news, PWP Industries moved about 15 miles from Buena Park to a new facility in Vernon in mid-June. The firm installed new production equipment and also moved some machines from the Buena Park plant, which the company vacated.