Fibertech Inc., a company that does rotational molding, repairs plastic material handling products and does post-industrial plastic recycling, is building a 45,000-square-foot expansion to its factory in Elberfeld, Ind.
After the expansion, Fibertech will have 125,000 square feet of space.
The addition is “to support the growth of our business,” said Natalie Young, marketing director.
Owner Bill Scott started Fibertech in 1989.
“We are always investing in our customers and our employees,” he said. “This expansion will add jobs and meet our goals of continuous improvement.”
The investment will allow Fibertech to offer more custom molding projects and shorter lead times. The addition will enable the company to add a third rotomolding machine — a Ferry RS4000 — but Young said the company will add capacity in all three business areas.
Fibertech employs more than 50 people, and it will add employees with the expansion. The company rotomolds a range of products, including bulk containers, pallets, storage lockers, DOT bulk shipping containers and laundry and linen carts.
Scott started out running a small operation repairing damaged plastic bulk containers. After he kept seeing the same problems, he decided to begin making the containers. Initially, the business outsourced the rotomolding to an outside molder. Fibertech was born when the company began to rotomold its own products.
Fibertech continues to do repairs.
Fibertech also is a recycling company. Young said the company grinds up plastic industrial scrap, runs a pulverizer to make rotomolding powder, and buys and sells recycled plastics.
Five years ago, Fibertech moved to Elberfeld, from Huntingburg, Ind.