Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JAMESTOWN TOWNSHIP, MI-Royal Plastics has chosen to expand its manufacturing operations here instead of a competing site in Tennessee. The company plans to invest approximately $35 million in new equipment and new facilities over the next five years.

The expansion will result in the creation of up to 1,256 new jobs for Michigan workers.

“We are excited that the state of Michigan and Jamestown Township have provided incentives that will allow our continued growth in WestMichigan,” says Royal president Jim Vander Kolk. “The new facility and equipment will be key in supporting Royal Plastics’ growth over the next five years, helping our customers meet their objectives, benefiting the local community and providing new jobs for West Michigan.”

The project will provide an estimated $70.8 million in revenue to the state over the life of Single Business Tax credit, resulting in a net gain for the state of more than $57 million. The project is expected to generate more than $886 million in personal income during that time.

“I am delighted with Royal Plastics’ continued commitment to the state of > Michigan and to the Ottawa County area in particular,” says Kenneth Rizzio, executive director of the Ottawa County Economic Development Corp. “With these new jobs, Royal Plastics will become the largest plastics manufacturer and the seventh largest manufacturer of any kind in Ottawa County.”

The company manufactures plastic injection molded products for a variety of industries including automotive and furniture. The firm is a privately held Michigan corporation organized in 1987.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.