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Petoskey Plastics closed on $20 million in New Markets Tax Credits to finance a new rail-served recycling and manufacturing facility in McKinney, Texas, creating 154 jobs. The announcement was made on February 11, 2020.
Petoskey Plastics will invest $29.6 million to add 30,000 square feet to its Morristown, Tennessee polyethylene film facility in Hamblen County, creating about 70 jobs over five years.