POLYWOOD, a manufacturer of outdoor furniture made from recycled plastics, is opening a $35.3 million manufacturing and distribution center in Roxboro.
“We are excited about opening our new full-scale production campus in North Carolina,” CEO Doug Rassi said in a statement. “The skilled manufacturing workforce, high level of information technology and growth potential in the state make it an excellent choice for our expansion. We look forward to building long-term relationships in both the local community of Roxboro and the state.”
The company, headquartered in Syracuse, Indiana, manufactures low-maintenance, recyclable lumber from plastics and provides a wood alternative in outdoor furniture.
The Roxboro facility will be a full manufacturing and distribution center for outdoor furniture. It will also house a reclamation center for all types of recycled plastics. These materials will be processed and reused in on-site manufacturing and sold to others using recycled plastics.
The North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC) led the state’s support for the company’s expansion.
POLYWOOD’s project in Person County will be supported by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Using a formula that considers the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of as much as $3.33 million, spread over 12 years. Over the course of grant term, the project will grow the state’s economy by an estimated $439 million. JDIG payments only occur after the company has met its annual job creation and investment targets.
Partnering with N.C. Commerce and the EDPNC on this project were the North Carolina General Assembly, the North Carolina Community College System and Person County.