Primex Plastics Corp. will close its Corsicana, Texas, sheet extrusion plant by the end of May.
The Richmond-based company, which employs 10 in Corsicana, cited diminishing regional sales as the main reason for its decision to close the facility.
It's consistent with our strategic plan for all of our plants, Tim Schultz, vice president of sales and marketing, said in an April 19 phone interview. From a utilization standpoint, we're realigning our capacities and transferring some production from some of our smaller to our larger plants.
We are in the midst of realignment and we had already done some resizing [in Corsicana]; we found that we could use [the plant's] equipment in Mesquite [Nev.], so we could continue to serve the [western] region from the larger plant, he said.
The affected Texas employees will be offered other positions with the company, Schultz said.
Primex announced in March that it plans to spend $3.8 million on an expansion of its Richmond headquarters and plant.
Its plants in Mesquite; Oakwood, Ga.; Garfield, N.J.; and Reedsburg, Wis., are all slated to add extrusion capacity this year for polystyrene, ABS and thermoplastic elastomers. The firm also operates a site in Lakeland, Fla., and one in Newton Aycliffe, England.