Plastics Manufacturer Growing in Scottsburg
(photo courtesy of Engineered Plastic Components)
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIowa-based Engineered Plastic Components Inc. is planning to expand its operations in Scott County. The company, which makes injection molded plastic products for a variety of industries, says it will invest more than $7 million for new equipment at its facility in Scottsburg and create 60 jobs over the next five years.
EPC acquired the 120,000-square-foot manufacturing plant from Viking Plastics earlier this year. The company currently employs more than 200 at the facility.
“We’re pleased to increase our presence in Southern Indiana,” Reza Kargarzadeh, chief executive officer of EPC, said in a news release. “This expansion will provide additional production capacity to meet the increased demand we are experiencing from our customers in the automotive industry. We’re excited to add to our existing workforce with steady, good paying positions.”
EPC did not provide a time frame for the installation of the new equipment.
The Indiana Economic Development Corp. has offered EPC up to $2.5 million in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs. The Scottsburg City Council will also consider additional incentives that would save EPC nearly $215,000 over the next five years.