By Sue Webber | Hometown Source
A new industrial company from South Africa is proposing to locate its North American headquarters in Rogers.
“This is an exciting opportunity, a new venture proposing to come to town,” Jason Ziemer, Rogers City Planner/Community Development coordinator, said at the March 22 Rogers City Council meeting.
MyPlas, a company that recycles plastics and turns them into new materials, plans to lease half of the 400,000-square-foot industrial building formerly occupied by Archway.
Archway moved out in December and the building was sold to a new investment group that owns other industrial properties in Rogers, Ziemer said.
MyPlas has worked with the Minnesota Department of Employment and Economic Development (DEED) on a state financing package through the Job Creation Fund (JCF) and Minnesota Investment Fund (MIF), Ziemer said. The two programs support the creation and retention of jobs, employee wages and private investment, such a manufacturing-related equipment.
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“Companies seeking financial support through these state programs must agree to and meet certain negotiated job and wage goals and complete the private investment within a specified period of time,” Ziemer said.
DEED has offered $450,000 in JCF funding, plus a $550,000 forgivable loan and $450,000 repayable loan through MIF.
Although no city financial support is needed, the funding applications require city support.
MyPlas intends to create 90 total jobs with hourly wages starting at $24.42, according to Ziemer. He added that the company estimates it could create another 50 to 100 jobs and possibly expand into the entire building over time with anticipated growth.
The company, which will run a 24/7 operation, estimates up to 35 trucks per day.
“The company states it is a high-tech operation with no environmental impact,” Ziemer said. “All raw materials are delivered pre-sorted and packaged and processed. There will be no outdoor storage of materials.”