Petoskey Plastics Inc. is expanding again at its site in Indiana.
The plastics recycler and manufacturer of plastic film and bags said the $5.4 million move in Hartford City is in response to growth in its recycling services and product lines.
“Growth in recycling and green products remains strong, and this expansion enhances our capacity to meet that demand,” President Paul Keiswetter said in a statement.
“One of the things that weighed on our decision to purchase the Hartford City facility in 2007 was the potential for ongoing expansion. Now, with higher volumes of post-consumer packaging flowing from major national retailers and other sources, that decision is paying off.”
The project will include building improvements and additional equipment. The building work involves renovation of existing, vacant buildings on the company's site that will add storage and sorting capacity for post-consumer plastics. The company also will add one extrusion line while also improving other existing lines.
A total of six jobs are expected to be created through this third major expansion in Hartford City.
Petoskey Plastics recycles approximately 20 million pounds of post-consumer polyethylene annually to create its GreenPE brand of resin used to make film and bag products. Finished goods contain up to 70 percent recycled content. The company is based in Petoskey, Mich.