Decatur Plastics Products, a manufacturer of custom injection-molded plastic parts and components, plans to expand its operations in North Vernon, Indiana. The company expects to create up to 70 new jobs by 2021 in Jennings County.
The North Vernon-based company will invest $11.4 million over the next five years to expand its 87,850-square-foot headquarters and production operations, adding 100,000 square feet to its campus over two phases of development. Decatur Plastics Products is currently renovating and equipping a recently-purchased, 50,000-square-foot shell building in the North Vernon Industrial Park to house additional warehousing and accommodate light assembly. After the new space is complete, which is expected to be in July, the company plans to construct a 50,000-square-foot facility next to its new building by summer 2020.
The expansion will allow Decatur Plastics Products to meet growing demand for its products and services from customers in virtually every industry, including automotive, consumer products, electronics, medical, packaging, telecommunications and consumer industrial markets. To support its increased production, the company has already started hiring and plans to add new positions in engineering, production and management.
"Jennings County is in an advantageous location that allows Decatur Plastics Products to service our current and potential customers," said Robert Riley, President of Decatur Plastics Products. "Here, we have found hard workers who care about their community and want to see this area excel. As a company, we are proud to be a part of the exciting transformation that is taking place in Jennings County and look forward to working together with the community for years to come."
The IEDC offered Decatur Plastics Products up to $475,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of North Vernon approved additional incentives at the request of the Jennings County Economic Development Commission.
"Indiana's 21st century talent pipeline and pro-growth business climate, paired with our state's robust and diversified manufacturing industry, create the perfect place for companies like Decatur Plastics Products to invest and expand," said Indiana Economic Development Corporation President Elaine Bedel. "The company's commitment to Indiana will help advance the state's reputation as a leader in advanced manufacturing while supporting even more great career opportunities for Hoosiers."
Decatur Plastics Products, which also has operations in Alabama, employs approximately 185 full-time associates in Indiana. Founded in 1983, the company provides injection molding, flocking, assembly and finishing services, as well as engineering and material assistance for its customers, including PK USA, Heartland Automotive and Faurecia. In addition, the company offers supply chain services, providing its customers with inventory management programs as well as warehousing and shipping services.