Willmar, Minn.-based corrugated high density polyethylene pipe manufacturer Prinsco Inc. is opening a new plant the company's seventh extrusion facility near Sioux Falls, S.D.
Company officials will settle on a specific site shortly after Jan. 1, Jamie Duininck, Prinsco's vice president of sales, said in a Dec. 23 telephone interview.
The company will hire 12-15 people to run the plant. Plant size, number of extrusion lines, and diameter sizes of the pipe coming off the lines have yet to be finalized, Duininck said.
While the new plant also will serve commercial and construction markets, Prinsco's core business agricultural markets is the prime focus of the expansion.
It's always been our core market. It's what we started as in 1975, Duininck said. We've grown significantly throughout the last decade in storm sewer and construction product markets as we've had the opportunity to expand into geographic areas closer to large populations. But our core business is still, and probably always will be, agricultural markets.
We're good at it. We're a leader there.
Duininck said agricultural customers are starting to put a heavier emphasis on subsurface water management.
It's becoming more of a priority, he said. As land values continue to increase, those communities are looking for opportunities to add more yield to each acre on their field. One of the best ways to do that is proper water management.
Prinsco is the nation's No. 2 player in corrugated HDPE pipe. The company has continued to grow despite the recession.
In November 2008, the company opened a 40,000-square-foot plant in Fresno, Calif., expanding its operations to the West for the first time. Prinsco's remaining facilities are peppered throughout the Midwest two in Minnesota, one in Illinois, one in Iowa and another in Missouri.
Duininck said he expects the new Sioux Falls location to be open by summer.
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