January 30, 2014

1 Min Read
Michelex CD and DVD Packaging Plant to Reopen in 2009

Michelex Corp. has announced that its Plastics Division expects to resume operations at its Massena, New York facility early next year. The division manufactures and distributes CD and DVD packaging, and plans to reopen the facility with previous management and many former employees.

As part of a $4.48 million incentives package arranged for the re-opening of the Massena facility, Empire State Development Corp. has agreed to provide a $1 million Job Development Authority loan, contingent on a pledge of 175 new jobs, to purchase property and equipment. The company is going to convert biodegradable plastics from the traditional plastics it has been making for years, which may also qualify it for inclusion in the Empire Zone, which would provide wage and investment tax credits worth as much as $2.63 million.

The company plans to add nano particles to the polymers to build products of greater strength, and that are degradable in landfills. Michelex expects to take an industry lead and address the world's growing need for adherence to green and environmentally friendly standards whenever possible.

"We're looking forward to creating jobs in the Massena area and contributing to the betterment of the economy. We plan to create many new jobs and have been given the incentive to foster the development of a 'green' approach to our manufacturing process," stated Tom Gramuglia, President and CEO of Michelex Corp.

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