Recycler OK Industries Inc. is adding equipment that will double its capacity to about 5 million pounds a month.
The high cost of virgin resin and the push in the automotive industry for recycled-content materials are boosting demand for the company's post-industrial plastic, said President James Kenyon.
The company spent about $600,000 to add two shredders, two elutriation systems and a grinder to its plant in Findlay, he said. OK mainly sells reground flake to the automotive and electronics markets, which also are its main supply sources, Kenyon said.
The company's business plummeted after the terrorist attacks in 2001, when it layed off three-quarters of its workforce. Since then, however, OK has more than recovered and now employs 40 in a 61,000-square-foot factory, Kenyon said.
OK recycles a range of plastics, which includes various polyethylenes, polypropylene, ABS and nylons.