MOSCOW (MRC) -- Converting and process films supplier Mid South Extrusion (MSE) is committing USD4.5 million to add a new blown-film production line at its Monroe, LA polyethylene (PE) films plant, the company announced in a release Tuesday with Louisiana Gov. John Bel Edwards, said the company.
This will be the 10th production line for Mid South Extrusion Inc., which makes polyethylene films. The new capacity in Monroe, La., is expected to create eight new jobs with an average annual salary of USD28,000 plus benefits according to the office of Gov. John Bel Edwards.
The facility already employs 128. "In addition to substantially increasing our plant capacity, this investment will allow MSE to target new markets and customers in the food packaging sector," MSE President Ron Mason said in a statement.
MSE started with a single production line and four employees in 1986 and currently is in a 200,000-square-foot production facility. The company ranks No. 67 in Plastics News' ranking of North American film and sheet manufacturers, with film sales of USD85 million.
As per MRC DataScope, Last month's PE imports decreased to 21,800 tonnes from 25,500 tons in July, local companies decreased their purchasing of high density polyethylene (HDPE) and linear low density polyethylene (LLDPE). Overall PE imports reached 178,400 tonnes in January-August 2019, compared to 162,500 tonnes a year earlier. Import deliveries of HDPE and linear polyethylene increased, while imports of other types of ethylene polymers decreased.
MSE makes films for retail packaging, lamination substrates, and construction and pipe wrapping applications. Other markets include packaging film used for bedding, furniture, carpet, medical, textile and canning applications, according to the governor's office.
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