International Plastics Company Picks Porter County

Posted: Updated:
PORTAGE -

An Israeli-based manufacturing company is planning to launch a North American headquarters and has picked Portage as the location. MCP USA Inc. says it will invest more than $11 million and add up to 60 jobs by 2019. The plastic meal-tray maker, which is a subsidiary of Plazit Industries Group and Kibbutz Hamaapil, plans to begin operations next summer.

Construction on the 91,000 square-foot facility is set to start in early 2018. Plans call for new office space, an extrusion line and three thermoforming machines making heat and cold-resistance trays supplying 12 U.S. distributors. Its customers are in the retail, airline, industrial and bakery industries in North and South America.

MCP USA says the jobs are expected to pay an average wage higher than the Porter County average for positions including machine operator, machine technician, logistics, maintenance, quality assurance, marketing and finance. Vice President of Sales and Marketing Eyal Tenenbaume says "following a long review, Indiana is a very friendly place for new business coming to the Midwest."

The company has been offered up to $700,000 in conditional tax credits and training grants through the Indiana Economic Development Corp. and the city of Portage has approved its own package of incentives. Indiana Secretary of Commerce visited MCP and Plazit Industries Group executives during a trade mission to Israel in January. In July, another plastics manufacturer, Polyram Group, announced plans for a facility in Evansville that could employ 50 by 2022.

You can connect to more about the MCP USA location by clicking here.

  • Perspectives

    • Truck Driver Supply Impacting Cargo Hauling Demand

      The U.S. unemployment rate has moved down to 3.9 percent, which is its lowest level since December 2000, according to the U.S. Bureau of Labor Statistics. Great news! Maybe not. There are business sectors that need employees due to constraints in the labor market - namely truck drivers. The level of employment in the truck transportation industry is essentially unchanged since mid-2015, according to the bureau. And the impact is being felt.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Triple XXX Root Beer Appears in Prime Time

      A soft drink that carries the name of an iconic West Lafayette restaurant has been featured on a national television series. In a message on the Triple XXX Family Restaurant's Instagram page, co-owner Carrie Ehresman said the recent appearance of Triple XXX Root Beer on NBC's "Chicago Fire" was not product placement. She said the show's producers reached out through the restaurant's website and "we weren't sure we'd make the final cut until it aired!"

    • The facility also features a computer training lab, a bistro and Bosma's retail store.

      Bosma Launches Salesforce Training Program

      Indianapolis-based Bosma Enterprises has launched a program to train people who are blind or visually impaired to be Salesforce administrators. The organization says BosmaForce involves an 18-week online course available throughout the United States. Bosma Enterprises Chief Executive Officer Lou Moneymaker says people who are blind of visually impaired face a 70 percent national unemployment rate, and the BosmaForce program aims to create pathways to high-paying, in-demand careers.

    • Feminine Hygiene Product Wins 'Next Launch'

      A sustainable feminine hygiene product developed by a Fishers High School student took the $25,000 first place prize in Wednesday's "The Next Launch" competition at the Indiana IoT Lab in Fishers. The event drew business ideas from students from eight high schools throughout the Midwest. The Rob Rubin School for the Entrepreneur at Culver Academies helped organize the event, and Director Alex Kurrelmeier says the goal is to make the competition national to address...

    • SNAP Benefit Dates to Change

      The Indiana Family and Social Services Administration says payment dates will change beginning next month for the state's Supplemental Nutrition Assistance Program recipients. The organization says benefit amounts...
    • Winnings Announced For 2017 Indy 500

      Takuma Sato has been awarded $2.46 million for taking the checkered flag Sunday in the 101st running of the Indianapolis 500. Sato, the first-ever Japanese winner of the race, held off three-time winner Helio Castroneves in the final laps to close out the victory in the sixth-closest finish in Indy 500 history. The total purse was nearly $13.2 million.