Fortville, IN – Genesis Plastics Welding, a provider of contract plastics welding and manufacturing services, announced today that it will expand its operations here, creating up to 54 new jobs by 2014. The company, which serves OEMs in the medical, military, automotive and consumer products sectors, plans to invest more than $3.3 million to add 50,000 square feet of production space at its existing facility at 720 East Broadway in Fortville. Construction also will include a new ISO Class 7 Standard certified medical clean room.
Founded in 1987, Genesis attributes its recent growth to increasing demand for its proprietary plastics welding technology, ecoGenesis™, which enables radio frequency welding of plastic materials previously considered difficult or impossible to heat seal without the addition of often toxic adhesives or plasticizers. The company manufactures products including helmet padding, blood pressure cuffs, inflatable fluid bladders, hot and cold therapy packs, compression therapy sleeves, medical instrument covers, disposable heating blankets and drainage bags.
The Indiana Economic Development Corporation offered Genesis Plastics Welding up to $340,000 in performance-based tax credits based on the company’s job creation plans. The town of Fortville has granted property tax abatement at the request of the Hancock Economic Development Council.
FairWinds Advisors was retained for site location comparison and advice as well as incentive procurement and fulfillment services.