Precision Plastics, located at 900 W. Connexion Way in Columbia City, began in 1955 with just two employees and two injection molding presses. Now, the company operates an 87,000-square-foot facility, has more than 185 employees and is one of the top 10 largest employers in Whitley County.
Precision Plastics provides high-quality, and highly engineered molded components for an array of industries including: automotive with products ranging from airbag safety components to interior cosmetic covers; industrial products such as agricultural and pump components; aerospace and defense products, and consumer products such as caps and shipping cases. The company will add new equipment, including several injection molding machines, and will also build an 11,900-square-foot warehouse for additional space.
The city of Columbia City approved a 10-year tax abatement in support of the project, at the request of the Whitley County EDC. The Indiana Economic Development Corp. is offering up to $150,000 in conditional training grants from the Skills Enhancement Fund, and Northeast Indiana Works will assist with on-the-job training scholarships, computer and core competency training, and customized recruitment and employment services.