Wisonsin-based packaging molder Gateway Plastics Inc. is pondering building a new, major facility in the Dayton, Ohio, area.
Gateway is considering a $20 million factory with $10 million worth of equipment in Tipp City, according to a report in the Dayton Business Journal. The 300,000-square-foot facility would employ 200 within three years.
Gateway, based in Mequon, Wis., is seeking a tax abatement for the project. Tipp City Economic Development Committee studied the project proposal in an Oct. 18 meeting and recommended an enterprise zone agreement offering 75 percent tax abatement for 12 years, according to the report. Several local government agencies will consider the plan and it could be December before all approvals are obtained.
Gateway does injection molding and blow molding to make containers and closures for food, pet care products, supplements and chemicals. Its injection presses range up to 1,000 tons clamp force with shot size of 10 pounds, according to the firm's website. Its blow-molding operation uses a two-stage process to make PET containers. It produces custom and stock containers and offers in-mold labelling.
The company was founded in 1970 and runs a modern 280,000-square-foot facility in Mequon, in the Milwaukee area. It is certified to ISO 22000:2005 standards for food safety and Federal Drug Administration compliance.