20/20 Custom Molded Plastics stated its intention to double production capacity through a $15.5 million investment which is expected to create at least 100 new jobs. The company will construct a 140,000 square-foot plant to go alongside its existing facility, while adding new injection molded machinery and equipment.
“With this expansion, we will have doubled in size, and it all starts with the people who work here,” said company President Ron Ernsberger. “We have good, hard-working people, and they are the reason for our continued growth.”
20/20 manufactures plastics products, specializing in structural foam molding. Founded in 1999 in Holiday City, located in the northwestern corner of Ohio, the company will be adding to its current workforce of 220 employees.
Ohio faced serious competition for this project from across the country, but in the end, Ernsberger credited the favorable utility rates and direct access to the Ohio Turnpike as key factors for his company choosing Holiday City.
Local, regional and state partners worked together in moving this project forward, including the Williams County Economic Development Corporation (WEDCO).
“Williams County greatly appreciates 20/20’s investment and commitment to our region,” said Matt Davis, executive director of WEDCO. “We have great business assets and opportunities for companies to grow and succeed.”
In addition, the Regional Growth Partnership and JobsOhio helped in providing a grant for the purchase of new machinery and equipment.
The Regional Growth Partnership is the lead economic development group serving the Toledo region and 17 counties of Northwest Ohio. As a 100 percent privately led organization, the RGP focuses on meeting the site selection needs of corporate clients in a confidential, innovative and time-sensitive manner.