Novolex Invests $10 Million in Jennings County – Inside Indiana Business

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South Carolina-based Novolex on Friday announced plans to invest $10 million to expand capacity at its recycling facility in North Vernon. The company, which makes packaging products for food and industrial use, says the addition of new equipment will also bring more than a dozen jobs to the plant.

Novolex says the mechanical recycling equipment will allow the plant to recycle plastic bags and other polyethylene films, producing up to 28 million pounds of recycled content per year.

The company will then use the recycled material to manufacture new packaging products.

“Our additional recycling capacity in Indiana reflects Novolex’s commitment to supporting the circular economy,” CEO Stan Bikulege said in written remarks. “The technology will reduce waste and provide much-needed recycled content that we can use in our products.”

Novolex says the new equipment will be installed in phases starting in the fourth quarter with full capacity expected by the end of 2023.

The North Vernon facility is one of two recycling plants operated by Novolex, the other being located in Shawano, Wisconsin. The company also operates a manufacturing facility in North Vernon.

In total, Novolex operates nearly 60 sites in North America and Europe and employs more than 10,000 people.

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