Mid South Extrusion Invests $4.9 Million to Expand Production Capacity at Monroe Facility

Mid South Extrusion, which produces polyethylene movie for meals packaging and different client and industrial makes use of, is investing $4.9 million so as to add a twelfth manufacturing line at its manufacturing facility in Monroe. The corporate will retain 170 jobs and create eight direct new jobs, and LED estimates the undertaking will lead to 16 oblique jobs, for a complete of 24 new jobs in Ouachita Parish. 

The extra line will enable the corporate to fulfill the rising demand for polyethylene movie, the skinny, light-weight plastic sheeting that’s used to seal and defend all kinds of packaged industrial and client merchandise. The brand new, state-of-the-art manufacturing line is a direct response to the rising demand for meals packaging, and comes on the heels of the World Meals Security Initiative’s certification of the corporate’s Meals Security Administration methods.

“I applaud Mid South’s funding within the progress of its group and its facility, which can enhance financial exercise within the Northeast Area of the state,” Gov. John Bel Edwards mentioned. “Mid South’s position within the meals packaging provide chain illustrates the significance of Louisiana’s contribution on this sector. Meals manufacturing stays crucial in the USA and past, and it’s reliant on packaging. This funding contributes to those necessary nationwide and world pursuits.”

Set up is predicted to be full and the brand new manufacturing line commercially operational by the tip of 2022. 

“Together with growing our manufacturing capability, this funding permits us to proceed to focus on new markets and capitalize on our momentum within the meals packaging sector,” mentioned Mark Kent Anderson, govt vice chairman of gross sales and advertising for Mid South. “We love our state and group, and understanding that we’ve got the assist of our native and state officers makes reinvestment and progress in Louisiana a simple determination. Plastics is an business that’s in excessive demand as a result of business’s dedication to progress, innovation and sustainability. Mid South Extrusion is wanting ahead to our continued progress in Monroe for a few years to return.”

Because it was established in 1986, Mid South Extrusion has steadily expanded its operation from a 17,000 square-foot facility with 4 workers to a 215,000 square-foot web site with practically 200 workers. The corporate serves a wide selection of sectors, together with agriculture, client merchandise, e-commerce, meals and beverage, and industrial purposes. 

“Mid-South Extrusion is an integral a part of the financial improvement within the Metropolis of Monroe,” Monroe Mayor Friday Ellis mentioned. “They supply a whole bunch of jobs for our individuals, and this enlargement is a mirrored image of their funding in workers, and an funding in our group. Their progress demonstrates the chance for companies to thrive in Monroe.”

To safe Mid South’s funding in Monroe, the State of Louisiana offered the corporate with a aggressive incentive package deal that features $170,000 from the state’s Retention and Modernization Program. The corporate can also be anticipated to take part within the state’s Enterprise Zone and Industrial Tax Exemption applications. 

“We’re proud to have Mid South Extrusion as a part of our present business base, in addition to our group,” North Louisiana Financial Partnership President and CEO Justyn Dixon mentioned. “This determination to extend their footprint in North Louisiana emphasizes the realm’s devoted workforce and strategic location.”