Film extruder American Renolit Corp. is starting another expansion at its plant, after receiving a tax abatement from the city of La Porte.
The company will spend about $2.5 million to install support equipment for its calendering and polypropylene extrusion lines, said Chief Executive Officer Don Dames in a March 4 telephone interview.
The company will add new extruders and winders and update quality-control equipment, and hopes to complete the expansion by year's end, he said.
The La Porte company received a $2.5 million abatement for personal property tax from the city March 1, spurring the expansion, Dames said. The abatement will be phased in over five years.
The company has invested more than $45 million in the plant since 1998, when the operation was purchased by film and sheet producer Renolit-Werke GmbH of Worms, Germany.
The company spent about $11 million in 2003 to add a new calendering line at the 200,000-square-foot facility.
The plant makes PP- and PVC-based films and laminates for stationery, pressure-sensitive labels and the furniture market, Dames said.
American Renolit plans to introduce new products for those markets once the equipment is added, he said.