Alabama #25 2011

Page 1

ALABAMA STATE EDITION

231

65

72 Florence

2

Huntsville

20 Decatur

72

565 59

43

A Supplement to:

231

431

31

5

Gadsden

78 59 Anniston

20

Birmingham Bessemer

82 Tuscaloosa

65 280

20 82 Auburn

80

85

Selma

Phenix City

Montgomery

82

December 14 2011 Vol. XXIIV • No. 25

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231

43 84 431 331

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“The Nation’s Best Read Construction Newspaper… Founded in 1957.”

Dothan

65 98

Mobile

10

Your Alabama Connection • Rich Olivier, Atlanta, GA • 1-800-409-1479

Polyplex Corp. Brings $187 Million Project to Decatur By Cindy Riley CEG CORRESPONDENT

The city of Decatur, Ala., is making history as the site of a $187 million construction project that’s being launched by the India-based Polyplex plant. It will mark the company’s first North American plant and will be located in Mallard Fox Creek Industrial Park. The site selected is already home to many of the city’s largest employers. “Decatur was a good choice for Polyplex for many reasons, including the strategic supplier agreement with the BP plant in Decatur,” explained Polyplex spokesperson Angela Wilson. “BP will be the primary supplier for one of the raw materials to our process. In addition to the raw material supply, the strong industrial base along with the skilled workforce available in Morgan and surrounding counties made Decatur the optimum site selection for this significant capital investment.” Company officials announced in July that the second phase should be completed in late 2015. The company also plans to relocate its U.S. headquarters to the site. The polyester film plant is under construction on property purchased for $1.7 million, with one of the local incentives including the clearing of trees and stumps from the site. With site excavation in the very early stage, construction will be a fairly lengthy process. Groundbreaking was held in July 2011. “This project is Polyplex’s first significant capital investment in the U.S. Additionally, it is the largest single capital investment

The city of Decatur, Ala., is making history as the site of a $187 million construction project that’s being launched by the India-based Polyplex plant. It will mark the company’s first North American plant and will be located in Mallard Fox Creek Industrial Park.

Polyplex has made in the company’s history,” Wilson explained. “There are challenges with any large project, but the difficulties are not driven by our parent company being overseas. We have assembled a very talented project team who have partnered with excellent strategic partners. Thus far, we are very pleased with the progress of the project.” Described as a global leader in high-performance plastic films

made of polyester and polypropylene, Polyplex Corporation Ltd. was established in the 1980s and maintains plants in India, Turkey and Thailand. Polyplex produces a plastic film used primarily in food packaging, and is considered one of the world’s largest manufacturers of thin polyester film. Polyplex CEO Sanjiv Saraf said the new addition, most likely operating in three shifts, will be its best to date. “When this plant opens next

year, it will represent our company’s largest single capital investment ever,” he explained. Amit Kalra, president and general manager of the company, stated, “We always felt we needed to have a significant presence in North America. We came to the point where we felt we needed to be closer to our customers.” Polyplex reportedly first looked at locating in Mexico, where costs would have been

lower; however, there were concerns over ongoing violence there, and officials were drawn to the high worker productivity in the United States. A handful of states were considered, before Polyplex tapped Decatur based on its sound infrastructure. According to Polyplex plant manager Jeff Hudspeth, “As with all construction projects, timing see PLANT page 2


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Alabama #25 2011 by Construction Equipment Guide - Issuu