20/20 Custom Molded Plastics, a custom injection molder of high- and low-pressure plastics products, has announced plans to expand Bluffton, Ind., operations, creating up to 125 new jobs by the end of 2022.
“Indiana’s advanced manufacturing workforce will continue to be a key asset for this growing company,” said Gov. Eric Holcomb. “Their commitment to Indiana is a testament to our business-friendly environment, and we look forward to supporting them as they grow their manufacturing operations and create more quality career opportunities for Hoosiers.”
20/20will invest $12.8 million to renovate and equip a 325,000-square-foot manufacturing facility in Bluffton with three 1,500-ton structural foam presses and seven 375- and 500-ton high-pressure presses. This expansion will enable the company to accommodate an increased demand from existing customers and take on new projects, it said.
The announcement comes four years after 20/20 Custom Molded Plastics unveiled plans to establish new operations in Bluffton, investing more than $27 million and creating up to 155 jobs by the end of 2020. In 2018, the company revised its original hiring goal to 200 to support its rapid growth.