By Muncie-Delaware County Economic Development Alliance—
MUNCIE, IN—Muncie-Delaware County Economic Development Alliance announced today that Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions will expand operations in their Muncie, IN facility at 1401 E Memorial Dr.
Spartech will invest $4.9 million in new manufacturing equipment to modernize and add efficiency to production. This investment will help retain 100 full-time employees and add six new, full-time positions.
“Spartech is excited about the opportunities this substantial investment brings, which reflect our commitment to growth, innovation, and improving operational efficiencies,” says Jim Elliott, Spartech CEO. “It includes the acquisition of two state-of-the-art pieces of equipment which will bolster our production capacity and empower our teams to deliver superior products to our valued customers. There will also be a substantial upgrade to the building’s infrastructure, ensuring the safety and well-being of our employees and equipment.”
Spartech previously expanded their Muncie operation with multi-million-dollar investments in real estate and equipment in 2012 and 2017.
“Spartech has a reputation for quality and innovation, and they have been an excellent employer in our community for decades. With this being a competitive project, the company could have chosen any of their other facilities in other states for this investment. The Alliance was pleased to work with elected officials, the Indiana Economic Development Corporation, the company, and their advisors to bring this project to fruition in Muncie,” said Elizabeth Rowray, President, and Chief Economic Development Officer for the Muncie-Delaware County Economic Development Alliance.
At the request of the Economic Development Alliance, the Muncie Common Council approved a 5-year tax abatement to support the company’s continued investment in Muncie.
About Muncie-Delaware County, Indiana Economic Development Alliance
The Alliance (EDA) represents a consortium of economic development entities dedicated to the growth and prosperity of Muncie-Delaware County, Indiana. Their purpose is to allocate and leverage economic development resources to sustain and enhance the economic growth, vitality, and global competitiveness of Muncie-Delaware County as a superior business location. Services include site location assistance, retention and expansion of existing businesses, and customized research for business prospects considering Muncie-Delaware County, Indiana.
At Spartech, everything we do is focused on helping make the products we use, and the world in which we live, safer, easier, and better. From new, lightweight materials for electric vehicles, to sustainable packaging solutions for consumer goods, to protective canopies for military aircraft, Spartech solutions are found in every corner of our modern world. And where you ﬁnd Spartech, you will ﬁnd innovation. In products that are more recyclable. Use less energy. Create more value. We are Spartech. One company with a single purpose: To Make It Better.