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Evansville's South Central Inc. Acquires Fibertech insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
Investment firm buys rotomolder Fibertech plasticsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plasticsnews.com Daily Mail and Mail on Sunday newspapers.
Indiana rotomolder adds equipment, jobs Print Fibertech Inc. has installed a new rotational molding machine, its fourth, and announced it will be adding 10 full-time employees to its current staff of 130. The Rotoline 260 carousel machine will allow Fibertech to expand its custom work in small and medium-size parts, the company said in a recent news release. Fibertech produces polyethylene bulk containers, plastic pallets, laundry carts, storage lockers and pallets. The company, which operates one plant in Elberfeld, Ind., reported 2019 sales of $15 million. It ranked No. 34 in Plastics News most recent survey of North American rotomolders. Fibertech was founded in 1999. In 2010, it relocated from Huntingburg, Ind., to Elberfeld. It expanded that facility in 2015, adding 45,000 square feet to bring the total size to 125,000 square feet. ....