# Petoskey Plastics to invest $30M in new McKinney facility

Petoskey Plastics, a Michigan-based recycler and plastics manufacturer, plans to invest $30 million in a new manufacturing facility in McKinney, Texas. The 53,000-square-foot building will be expanded to 130,000 square feet within five years, increasing output by about 15%.

- Type: Expansion
- Announced: 2022-05-19
- Where: McKinney, Texas, United States
- Value: $30.0M
- Status: announced
- Products: plastic film, bags, recycled resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Petoskey Plastics](https://endata.com/companies/3239.md)

## Sources

- [dallasinnovates.com](https://dallasinnovates.com/eco-conscious-plastics-firm-expands-to-mckinney-will-invest-30m-in-new-facility/), 2022-05-19: "Michigan-based Petoskey Plastics said it plans to invest $30 million in a new manufacturing facility in McKinney and build it out over the coming years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.