Metro Plastics Expands
Metro Plastics Technologies Inc., Noblesville, Indiana, is investing $6 million to build a new 72,000 sq. ft. headquarters factory in its hometown.
As the company grows, officials can add another 40,000 sq. ft. at the site. Construction should cost $5 million and will begin this fall and be completed by next summer. Another $1 million in costs is expected to equip the new building with infrastructure for molding, including a material handling system and overhead cranes.
Metro has operated in its current plant for 35 years. Over the years, the company has expanded the factory from 14,000 sq. ft. to its current size of 55,000 sq. ft. The new building will have a three-ton crane over the small-tonnage machines and a seven-ton crane over the larger machines. The existing building does not have cranes.
The new factory is just two miles from the current plant, so the company will retain its 93 employees. For more information, visit www.metroplastics.com.