FARMINGTON, Mo.—The Missouri Department of Economic Development announced today that industrial plastics manufacturer PolySol is relocating its headquarters from Michigan where it was founded nearly two years ago to Farmington, Missouri, where it plans to create 17 jobs and make a $150,000 capital investment in this small community.
“PolySol is proof that Missouri’s strong manufacturing industry helps attract more manufacturing,” said Mike Downing, director of the Missouri Department of Economic Development. “Close proximity to major manufacturing operations creates logistical advantages, and the state’s business climate is ranked one of the best in the nation. We’re thrilled to help welcome PolySol to Missouri’s manufacturing lineup.”
PolySol bulk manufactures a liquid plastic coating called plastisol, which is used by every major industry from military and automotive to industrial belting, agriculture, construction and more. The vinyl plastic coating offers a soft yet durable finish for products ranging from industrial conveyor belts to common items such as steering wheels, handle grips for shop tools, park benches, exercise equipment and more.
Farmington beat out 10 other communities in the site selection process where PolySol is now leasing 20,000 sq. ft. of an industrial building and has already hired six of the 17 new positions.
“We’re poised to see nothing but growth for the next few years,” said PolySol co-owner Jason Marler. “We saw an opening in the market, and because the existing skilled labor force in the area, we were able to act with confidence. We’re excited to call Farmington our new home, and we’re committed to growing in and with the community.”
Marler said the professionalism and strong interest from the Farmington Economic Development Board helped the company decide on Farmington.
“The Farmington IDA is so excited to welcome PolySol to the community,” said Marlene Brockmiller, executive director of the Farmington Economic Development Board. “Jason and his team have already built an amazing company with tremendous potential, and we look forward to working with them for years to come. Many people in the community came together to make this a reality, and we are proud PolySol chose Farmington.”
PolySol clients are typically suppliers to major manufacturing operations. Company owners Jason Marler and Joe Mueller have over 20 years of combined experience in the plastisol industry, Marler in sales and Mueller as a chemist. This is the second expansion for Missouri’s plastic manufacturing industry in recent weeks. Last month, Logoplaste, a Portuguese-based plastic bottle manufacturer announced its plans to embark on a $35 million expansion at its Kansas City facility, where it expects to create 110 new jobs.
To assist PolySol with its relocation, the Missouri Department of Economic Development has offered a strategic economic incentive package that the company can receive if it meets strict job creation criteria. The Farmington Economic Development Board was a key partner in making the expansion happen.