$2.7 million investment, 5 new jobs for plastics plant
BATON ROUGE, La. (AP) — A plastics manufacturer has announced plans for a $2.7 million expansion in Louisiana.
Gov. John Bel Edwards and MCM Plastics President Richard Morris said in a joint statement Tuesday that MCM's expansion in Livingston Parish will add five jobs at an operation that already employs 15. The new jobs will pay an average annual salary of $27,000 plus benefits.
The release says MCM culls plastic residue from high-volume producers and recycles the excess materials for use by its customers.
MCM operates a 100,000-square-foot (9290.3-square-meter) plant just north of U.S. Highway 190. The expansion will add equipment and 25,000 square feet (2322.5 square meters) of warehouse space.
Officials say MCM is expected to take advantage of Louisiana's Industrial Tax Exemption, which provides tax breaks for expanding manufacturers, to support the expansion.