Polypropylene recycler Global Polymers is relocating and expanding operations across the state line to Charlestown, Indiana, from its current location in Kentucky.
The company will move into an existing facility in Charlestown, and plans to invest more than $8.5 million in the facility through new machinery and equipment, building improvements and other capital expenditures. The company also plans to create up to 30 new jobs by 2030 with an average hourly wage of $31.17, according to a press release.
Based on the company’s job creation plans, the Indiana Economic Development Corporation will invest up to $290,000 in Global Polymers, in the form of incentive-based tax credits. These incentives are performance-based, meaning the company is eligible to claim state benefits once jobs are created.
“This relocation and expansion mark an important milestone for Global Polymers,” said Barry McRoberts, founder and managing member of Global Polymers. “As demand for our products continues to grow, this investment will enhance our ability to serve customers through expanded capabilities and new product offerings. We appreciate the support of the City of Charlestown, One Southern Indiana, and the Indiana Economic Development Corporation, whose partnership has been critical to advancing this next phase of growth.”
Global Polymers also operates Global Freight, a for-hire transportation business.
“We are excited that Global Polymers has chosen Charlestown for this significant investment,” said Mayor Treva Hodges. “The revitalization of this facility reinforces the strength of our workforce, quality of our community, and highlights our commitment to fostering smart growth and high-quality job opportunities in our community.”
“Indiana’s pro-growth business climate and robust small business ecosystem are attracting quality investments that will further support our economy and residents,” said Governor Mike Braun. “We are proud to welcome Global Polymers to our state and to our southern Indiana community, where the company will have the skilled talent needed to grow.”
“Global Polymers’ decision to stay in the region and grow in southern Indiana demonstrates their confidence in both Charlestown and our regional advantage,” said Lance Allison, president and CEO of One Southern Indiana. “Southern Indiana continues to be a premier hub for advanced manufacturing and logistics, and we’re proud to support this expansion and the quality jobs and products it will create.”
