Cereplast to locate bioplastics plant in southern Indiana SEYMOUR, Ind. (AP) - Bioplastics manufacturer Cereplast Inc. will build a factory in southern Indiana, creating as many as 200 jobs over the next three years with the help of more than $1 million in state and local incentives. Cereplast, based in suburban Los Angeles, will invest more than $7 million to equip a 100,000-square-foot plant in Seymour, about 50 miles north of Louisville, Ky., the company and the Indiana Economic Development Corp. announced. The six-year-old company will begin hiring managers, supervisors, extrusion operators, and warehouse and maintenance workers early next year. Cereplast plans to produce up to a half-billion pounds of bioplastics every year at the new facility once it reaches full capacity in 2010. The IEDC offered Cereplast up to $665,000 in tax credits and up to $60,000 in training grants. The city & state also will spend up to $200,000 each to extend a rail line to the factory, IEDC spokesman Mitch Frazier said. The city will also provide an undetermined amount of property tax abatement to Cereplast. Cereplast produces plastics from plant starches rather than petroleum products. Company spokesman Kevin Oates said it chose Seymour in part because of its proximity to customers based on the East Coast and to Midwestern suppliers. "It puts us in closer proximity to some of the suppliers of our raw materials," Frazier said. The company also has a factory at its headquarters in Hawthorne, Calif.

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