Plastics Firm Moving From NJ To NC
From Staff And Wire Reports
Wednesday, March 28, 2007
AYDEN, NC - North Carolina Governor Mike Easley announced today that CMI Plastics of New Jersey will open a manufacturing facility near Greenville in Pitt County.
According to Pitt County, the company will build a 70,000 square foot "state of the art" thermoforming plant on 13 acres in the Minges Corporate Park.
According to Pitt County, the company expects to invest $10 million during its first year and $23 million over a three year period.
However, a figure from the governor's office seems to contradict that figure, saying that the firm will have only $7.1 million in building investments during the next three years.
Pitt County says that CMI will employ 85 people initially, expanding to 165 as capacity at the plant is increased.
The Governor's office said that the move was made possible in part by a $300,000 One North Carolina Fund grant.
"North Carolina is a national leader in attracting firms such as CMI Plastics that are providing 21st century jobs," Governor Easley said in a statement to the media. "With more than 42,000 people working in the plastics industry in our state, it is clear our workforce has the knowledge, talent and skill these companies need to grow."
Founded in 1939, CMI Plastics will move its operations from Cranbury, New Jersey to Ayden in Pitt County, North Carolina.
According to the governor's office, the company specializes in three dimensional thermoformed plastics and packaging.
CMI says it designs, tests, forms, packs, and ships product for the cosmetics and medical industries. The company lists L'Oreal, Coty, Johnson & Johnson, and others as clients.
The company also makes thermoforms product for the marine industry as well and even made battery housings for the Apollo program lunar landers.
The state says the average weekly wage of the new jobs will be $633 plus benefits, which is more than the Pitt County average wage of $479 not including benefits. North Carolina is the eighth leading state in the nation for plastics employment says the state quoting a statistic from the Society of the Plastics Industry.
"This relocation and expansion are necessary in order to accommodate our rapidly growing business and to keep us contending with our main competitors that have overseas operations," said Steve Hasselbach, Jr., president of CMI in a statement to the media.
"Pitt County has offered us a great opportunity to expand our business in a place with all of the factors we were looking for; support from the community, low overhead, high availability of employees and a wonderful environment to nurture and grow our business and our families."
The governor's office also said that other groups involved in bringing the firm to NC include the NC Department of Commerce, Pitt County, the Town of Ayden, Pitt County Community College, the Pitt County Committee of 100 and East Carolina University.
Arthur Hasselbach, Sr. founded Consolidated Models, Inc. in 1939. First located in the Bronx, New York, the company's first product offering was balsa wood model airplane kits. In the late 1950s, Consolidated Models began producing models kits for the Boy Scouts of America, such as the "Pinewood Derby" Kit. The Hasselbach family produced this item for over 40 years.