Currier Plastics Inc., a custom injection molder and blowmolder in Auburn, NY, received kudos from the governor of the state of New York, and tax credits and grants for its expansion plans. Currier recently added three Automa extrusion blowmolding machines—two AT400D and one AT700D—machines that feature in-process trimming capabilities (dome, moil, tail, and handle punch-out) increasing the company’s overall blowmolding capacity. The machines represent a $1.75 million investment and significantly increase Currier’s ability to produce both higher-volume and larger-sized container programs.
Governor Andrew M. Cuomo said, “The expansion of Currier Plastics is another example of our efforts to help strengthen home-grown companies and keep them in the communities they’ve helped to build. By making strategic investments in economically distressed areas, we can create jobs and spur economic growth in the Upstate communities that need it most.”
Utilizing $1 million in Excelsior tax credits and a $750,000 Economic Transformation Grant from Empire State Development, Currier Plastics expects to invest $20.8 million to re-use and re-purpose a minimum of six acres of underutilized land to construct a 55,000-ft2 manufacturing and storage facility. The company will also make infrastructure improvements, including construction of a new roadway to provide direct, more efficient truck access to warehouse loading docks. To handle the increased production and new contracts, the company will purchase $12.5 million in new machinery and equipment over the next five years. Currier reported that it expects to create 50 new jobs, and retain 100 jobs that would have been lost if the project was implemented out of state.