Petoskey, Mich.-based film recycler and manufacturer Petoskey Plastics Inc. named Jason Keiswetter as its new president.
Keiswetter previously served as vice president and will replace Paul Keiswetter, his father, who has led the company for 50 years, according to a news release.
Petoskey Plastics was Plastics News' 2017 Processor of the Year. The company generated $140 million in sales from 26 blown film lines that year.
The blown film company makes automotive seat jackets and covers, as well as floormats, plastic sheeting and other supplies for home construction, retail packaging and recycled trash bags.
The firm recycles 30 million pounds of recycled plastic annually while 20 million pounds of that is a closed-loop program where customers send the company scrap plastic and get new bags back.
"This is an extremely special moment for me. It is an honor and a privilege to be named president of Petoskey Plastics as it has been a life-long goal that I have worked so hard to achieve," Jason Keiswetter said in the release. "I look forward to continuing to work with many associates that I have grown up with and fortunate to have Paul and the board of directors for continued support and direction. I am thrilled about our new structure, our team and our opportunities for continued success."
The Petoskey native started working for the company in 1986 as a part-time employee, before going full time in 1999 and earning new and additional responsibilities for 20 years.
Paul Keiswetter co-founded Petoskey Plastics in 1969 and told associates during a December meeting the move was "made in the spirit of our company: sustainability and continued success."