Petoskey Plastics is an environmentally focused recycler as well as a plastic film, bag and resin manufacturer. The company’s expansion to McKinney will help it meet its goal of servicing existing customers and adding new opportunities for growing its “sustainable product lines,” said Paul Keiswetter, Petoskey Plastics chair and CEO.
The property was most recently used as a warehouse and office space for home furnishings company Aiden Gray Living Inc., according to a Petoskey Plastics news release. The building is over 53,000 square feet. Expansions to the building are scheduled for completion in August. They include an additional 40,000 to 60,000 square feet for converting and warehouse space as well as nine silos and rail spurs, the release stated.
“This facility will give us the opportunity to be closer to our raw material suppliers in the Gulf [Coast] and will help us service our West Coast customers,” Keiswetter said in the news release. “We will be cutting our delivery time in half for both raw material and finished goods and will be more competitive, overall. This plant will start production as early as April and receive the most state-of-the-art equipment available in the blown film market space over the coming months.”
The company plans to grow its Texas facility to about 130,000 square feet within the next five years. Plans call for initially hiring 20 associates to fill seven positions that will open in the McKinney facility. After the expansion, 55 new jobs will be added.
“McKinney is proud to welcome Petoskey Plastics to our growing family of companies devoted to sustainability, and I greatly admire their commitment to preserving the environment,” McKinney Mayor George Fuller said in the news release. “We know they will find great success in McKinney.”
800-999-6556. www.petoskeyplastics.com
