Mid South Extrusion Invests $4.9 Million to Expand Production Capacity at Monroe Plant
Mid South Extrusion, which produces polyethylene films for food packaging and other consumer and industrial uses, is investing $4.9 million to add a 12th production line at its Monroe manufacturing facility. The company will retain 170 jobs and create eight new direct jobs, and LED estimates the project will create 16 indirect jobs, for a total of 24 new jobs in Ouachita Parish.
The additional line will allow the company to meet growing demand for polyethylene film, the thin, lightweight plastic sheet used to seal and protect a wide variety of industrial and consumer packaged products. The new state-of-the-art production line is a direct response to the growing demand for food packaging and follows the Global Food Safety Initiative’s certification of the company’s food safety management systems.
“I applaud Mid South’s investment in growing its team and facilities, which will increase economic activity in the northeast region of the state,” Governor John Bel Edwards said. “Mid South’s role in the food packaging supply chain illustrates the importance of Louisiana’s contribution in this sector. Food production remains essential in the United States and beyond, and it depends on packaging. This investment contributes to these important national and global interests.
The installation is expected to be complete and the new production line commercially operational by the end of 2022.
“In addition to increasing our production capacity, this investment allows us to continue to target new markets and capitalize on our momentum in the food packaging business,” said Mark Kent Anderson, executive vice president of sales. and marketing for Mid South. “We love our state and our community, and knowing that we have the support of our local and state officials, reinvesting and growing in Louisiana is an easy decision. Plastic is an industry in high demand due to the industry’s commitment to growth, innovation and sustainability. Mid South Extrusion looks forward to our continued growth in Monroe for many years to come.
Since its inception in 1986, Mid South Extrusion has steadily expanded its operations from a 17,000 square foot facility with four employees to a 215,000 square foot site with nearly 200 employees. The company serves a wide range of industries, including agriculture, consumer products, e-commerce, food and beverage, and industrial applications.
“Mid-South Extrusion is integral to the economic development of the City of Monroe,” said Monroe Mayor Friday Ellis. “They provide hundreds of jobs for our people, and this expansion is a reflection of their investment in employees and an investment in our community. Their growth demonstrates the opportunity for businesses to thrive in Monroe. »
To secure Mid South’s investment in Monroe, the State of Louisiana provided the company with a competitive incentive package that included $170,000 from the state’s Retention and Modernization Program. The company is also expected to participate in the state’s enterprise and industrial zone tax exemption programs.
“We are proud to have Mid South Extrusion in our existing industrial base, as well as in our community,” said Justyn Dixon, president and CEO of the North Louisiana Economic Partnership. “This decision to increase their footprint in northern Louisiana emphasizes the region’s dedicated workforce and strategic location.”