FORT WAYNE, IND. (Aug. 3, 12:15 p.m. ET) — Arrotin Plastic Materials Inc. recently signed a purchase agreement to acquire a 130,000 square foot building and plans to move its operations to Fort Wayne from nearby New Haven, Ind., according to President Bobby Martin.
The company is a buyer, supplier and processor of plastic materials, with operations in New Haven and San Bernardino, Calif. It is owned by Martin and vice president Alex Arroyo. The California facility opened in 1998, while Indiana opened the following year.
“The purchase of the facility and adjoining land on Bluffton Road in Fort Wayne will allow Arrotin Plastic Materials the room to venture into other areas of the plastic industry and in turn increase our workforce,” said Martin in a news release.
He said that Indiana operation started with three employees in a 30,000 square foot leased facility. It now has 25 people working in a 120,000 square foot leased facility.
The new facility is on 17 acres of land and will provide room to grow as needed. Once the sale closes, Martin said, that it could be up and running by October or November. He did not disclose further details.
Martin said that the company buys and sells plastic materials nationally and internationally and that the move will allow APM to better serve its customers.
The Fort Wayne City Council is taking steps to help the company, with a 7-year tax abatement plan. It was recently considered by the council and will face a public hearing along with a final vote later this month. The agreement could mean as many as 25 new jobs, which would double New Haven's workforce.
