MVR said that it will transform the 220,000sqft auto part manufacturing facility into a model for the manufacturing of several different grades of its post-consumer recycled plastic resins.
The Frankfort facility will be equipped with advanced sorting, cleansing and pelletizing equipment, enhancing the efficiency of MVR’s proprietary recycling and manufacturing process, the company said.
The company will employ 360 local residents at the facility which will be online later this year.
The company said that each 50 million pound of recycled plastic resin manufactured at the plant will save the equivalent of 275,000 barrels of oil in carbon dioxide emissions, as compared to virgin plastic resin.
The facility will also clean and recycle any water used during the manufacturing process, further reducing the environmental impact of the resin product.
Ronald Whaley, president and CEO of MVR, said: “The new Frankfort plant is an important first step in the expansion of MVR’s sustainable plastic resin manufacturing and will serve as a model for the company’s future expansion.
“We were drawn to the Frankfort area for the availability of skilled labor and the support of the local and state government.”
