GE Plastics Plans $30 Million Expansion in Indiana

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). GE Plastics (Pittsfield, Massachusetts) plans a $30 million expansion over the next three years at their Mount Vernon, Indiana manufacturing plant (Plant 1010313). They will be converting their unit 1 resin line into a unit that produces a vast array of specialty plastics (PEC 11002312).

Construction on the extensive project will commence in May 2004, which will begin with a forty-five day plant wide shutdown. The conversion's completion date is estimated for 2007.

Some patented products produced at the Mount Vernon, Indiana plant include Lexan, a polycarbonate resin high performance plastic, Sollx, a weather resistant polymer and Ultem, a polyethermide polymer. The Ultem line has been offline due to an explosion that occurred at the plant in September.

GE Plastics is a global manufacturer of plastics resins and plastics shapes used in several industries including the automotive, computers, telecommunications, appliances, optical media, packaging, and building and construction. They have been experimenting and developing innovative plastic products since 1893.

GE Plastics, a division of General Electric Company (NYSE: GE) (Fairfield, Connecticut), which is the world's largest diversified manufacturing, technology services company, is headquartered out of Pittsfield, Massachusetts. A $130 billion company, GE operates worldwide in Africa, Asia, Australia, Europe, North America and South America.