Press Release – MSW Plastics – Ohio

MSW Plastics is proud to announce that they are expanding their production facilities into Ohio.

The Canadian manufacturer of moisture-resistant wall material has purchased a former warehouse and factory in Vandalia and plans to bring 50 jobs to the site when full production is reached.  It is a 62,000 square foot building located close to the crossroad of Interstates 70 & 75, serving as a more convenient location for their US customers.  Production in the new facility is expected to begin in late 2018.

Mike Panayi, President of Pinnacle Capital Partners, said improvements and renovations were in store for the building at 6161 Ventor Ave., the former home of Encon and Eco-Groupe, which also manufactured plastics.

Pinnacle Capital Partners financed MSW Plastics move to Vandalia, which will be the company’s US headquarters.

MSW Plastics received $320,000 in development funds from Montgomery County to make the project possible.

“We expect in full production that we’ll have 50 people,” Panayi said. “That’s based on our experience in Canada.”

With this expansion there are multiple benefits that US customers will see:

• Faster delivery; which means fewer hours of travel, leading to faster shipping & reduced travel costs for US customers.
• American made products; products will be proudly manufactured in the United States.
• Less hassle; products manufactured in the US will reduce cross-border shipments & inconveniences

Overall, this will be a $11 million investment by MSW Plastics, guided by Pinnacle Capital Partners.