Hello & Welcome to Petoskey Plastics

Page 1

&

HELLO TO

WELCOME

Get to know us and what we do in this helpful guide.


CUSTOMERS

ASSOCIATES COMMUNITIES


CONTENTS About Us

Industry

Sustainability

02 03 04 03 06 13 15 16 17 19 20 21 23 24 25 26 27 28

Welcome Letter from the President & CEO About Us Logo & Values Culture 50 Years of Continued Success Community Involvement Our Expertise By the Numbers

What Our Customers Value About Us Customer Relations Certifications Divisions Markets We Serve Private Label

Sustainable Products 3-Layer Film Technology Closed Loop Program Sustainability Scorecard


We are... an environmentally focused film, bag, and resin manufacturer providing superior products and solutions.

Dedicated to our Mission... to earn the appreciation and respect of our customers, associates, and communities.

Committed to Sustainability... to be the innovative leader in environmentally responsible manufacturing, packaging, and recycling of plastic bags.

01


Letter from the

Chairman & President Thank you for your interest in Petoskey Plastics! As you’ll quickly learn by flipping through this booklet, we’ve developed a community where the whole is greater than the sum of its parts. We’re not just a collection of associates, facilities, and sales figures; we’re an interdependent team with a focus on the values that are so deeply rooted in the organization that we’ve built together. Foremost among them is family.

Paul Keiswetter Chairman & CEO

Jason Keiswetter

With initial conception giving way to decades of unprecedented growth, today we’re fortunate to celebrate our company’s considerable achievements. Along the way, generations of Keiswetters have dedicated themselves to the work that we perform. From the production floor to the Executive Committee, our family is proud to have shaped Petoskey Plastics with our own hands and minds, not to mention an extensive amount of help from our peers who you’ll get to know in the following pages. Since father and son founded Petoskey Plastics in 1969, our family has grown to include everyone who has contributed to our accomplishments as a business. Now, with father and son leading the way again, we welcome you to join our team, and our family, for many more years of industry innovation, dynamic collaboration, and sweeping success!

President

02


ABOUT

6,500

customers

45

Founded in 1969 with five associates, we have grown to over 450 associates with three manufacturing facilities located in Michigan, Tennessee, and Indiana. Our sales office is located in Birmingham, Michigan, and our Corporate Headquarters is located in downtown Petoskey, Michigan.

in countries

Petoskey, MI

Over 500,000 sq. ft

Birmingham, MI

of manufacturing space Hartford City, IN

centralized location

42

With Indiana and Tennessee manufacturing locations, rail cars full of raw material and shipments of packaging move in quickly while product moves out of our plants efficiently, resulting in faster ship times and lower costs.

production lines and we’re still expanding.

03

Morristown, TN


Breaking down our logo TREE

The green tree represents our commitment to the environment.

SUNRISE & SUNSET The sun rises and shines on Petoskey Plastics. It is a tribute to our local town of Petoskey, known for its picturesque sunsets.

WATER The blue waves demonstrate our 3-layer technology. The two spaces between the waves provide the additional layers of our 5-layer extrusion. Since our headquarters are located on the shores of Lake Michigan, the blue waves also represent our efforts to protect the important water resources.

Values

In partnership with our mission statement, we believe these seven core values are essential to how Petoskey Plastics conducts business inside and outside of the organization.

SAFETY

Our company stresses safety across all departments, whether it’s working on the plant floor or traveling on behalf of the company.

INNOVATION

SUSTAINABILITY We use environmentally responsible manufacturing and packaging processes that preserve resources, reduce our carbon footprint, and improve our quality of life.

PERFORMANCE

We strive to provide valued, engineered solutions directly addressing the customer’s needs.

TEAMWORK

Our multi-layer extrusion strategy provides us with the capability to develop polymer blends for improved performance and cost savings.

Our dedicated group of associates, working in a family environment, strive to achieve our mission of earning the appreciation and respect of our customers, associates, and communities.

CUSTOMER SERVICE

CONTINUOUS IMPROVEMENT

The customer comes first. We’re here to help them every step of the way.

It’s a way of life and a state of mind.

04


CULTURE Our culture is one of “Hands-on”, “Feet-on-the-street”

and

As·so·ci·ate

“Feet-

We use the word "Associate" in lieu of "employee" here at Petoskey Plastics. We feel that the word "Associate" connotes someone working with others to reach a common goal rather than an "employee" that is hired to do a job.

on-the-production-floor”. From our CEO to our newest associate on the floor, we like to have the entire team engaged. That means, if you see someone struggling, help them; if you see trash on the floor, pick it up — we all do our part to make Petoskey Plastics a great place to work. We believe our growth is a result of our dedicated group of associates working towards achieving our mission of earning the appreciation and respect of our customers, associates, and communities. Our dedicated team members are our greatest asset.

What our Associates say about Petoskey Plastics: Top 3 responses by internal survey of 375 associates.

We encourage our colleagues to feel comfortable asking questions and offering suggestions. Our associates are the secret ingredient to our success and we strive to make every individual feel just as valued as the next.

“ I enjoy the people, and I like the fact that Petoskey encourages us to give our opinion so that the company can grow and become more successful.” - Petoskey Plant Associate

05

1

Would recommend Petoskey Plastics

2

See themselves advancing within in the company.

3

Feel valued and respected by peers and supervisors.

to a friend, it's a great place to work!


Our Team Our diverse team is made up of experienced, family-orientated associates who work together to meet company goals.

Petoskey, MI

HQ - 33 Associates Plant - 133 Associates

Birmingham, MI

10 Sales Associates

Hartford City, IN 148 Associates

30%70% With 5 locations, internal meetings face-to-face become possible with our extensive video conferencing technology.

Morristown, TN 135 Associates

Military Service As a veteran owned small business, Petoskey Plastics takes special care to recognize and appreciate the service members among our staff. For those who have defended our country bravely, we honor their personal courage and offer our support in their professional pursuits. *Associate data based on February 2020

06


1970s

50 YEARS OF CONTINUED SUCCESS

The Early Years

$35,000

Founded by Duke Keiswetter and son Paul Keiswetter

Every new year brings its own set of surprises, challenges, breakthroughs, triumphs, and memories. 2019 marked our 50th year as a company. We have had our trials and tribulations through the years, but each new obstacle has made us stronger as a company. We prevailed when others couldn’t and we pushed on through the hard times, acknowledging and celebrating every success, big and small, along the way.

PURCHASE PRICE OF FIRST EXTRUDER

Film manufacturing begins

When I started I had a 1945 IBM typyewriter. Of course there were no computers. There were no paging systems. Payroll was done by hand.

5

Ownership passes from Duke Keiswetter to Paul Keiswetter

-Marilyn Cummings, Corporate Secretary for 35 years ASSOCIATES

1970

1969

$500

INVESTMENT FOR FIRST BAG MACHINE

1972 1973

1971

Started operations

1975

I felt that we could make a living. I also was committed. The show would be over when the sheriff locked the door..we just needed time, in my mind. I had confidence that could survive, but how are we going to do it?

-Paul Keiswetter

1976

1974

Loan kept Petoskey Plastics in business

Oil Embargo

07

1977

became a product line

Petoskey plant expands to U.S. 31 South location


1980s

RETAIL BAGS MAKE UP HALF THE BUSINESS FOLLOWED BY CUSTOM BAGS, SLIP-N-GRIP® SEAT COVERS, AND CAN SACKS®.

7

Discovering the Need Patent for Slip-N-Grip®

There was the realization that while we didn't have the business volume, we had the ability to produce in a cost-effective manner in a building that would allow us to do that.

-Paul Keiswetter

Minority government contract Value Performance selling initiated

KEISWETTER PURCHASED NEW EQUIPMENT AND EXPANDED THE BUSINESS WITH THE $1.5 MILLION CONTRACT.

1.35 million

Retail markets open with compost bags

1981 1980

1983 1982

1987

1985 1984

1986

1989 1988

First company computer Petoskey plant adds on brand trademarked

First venture into recycled plastics

PETOSKEY

PLASTICS, INC.

20%

IN ANNUAL GROWTH PER YEAR SINCE 1970

POUNDS OF RESIN USED PER MONTH

1978 1979

CO-EXTRUSION LINES

2-ply extrusion line added SPC Quality Control program added

Mono seat cover

$12 million

2-layer film created

Producing seat covers for

IN ANNUAL SALES

Track washout

Ford forced us to be innovative. Ford gave us the challenges and made us come up with the alternatives.

-Paul Keiswetter

100

ASSOCIATES

Off we went washing plastic and that was a disaster.

-Paul Keiswetter

$15 millon IN ANNUAL SALES

08


50 YEARS OF CONTINUED SUCCESS

1990s

Master Blown Film program

Sustainable Vision

Ford's Q1 Supplier Quality Award

We recieved the Q1 award based on our Statistical Process Control (SPC). Petoskey Plastics is the only blown film extruder in the world that has received this award.

V-punch seat cover

- Dick Frost

1990 THE RECYCLING FACILITY ADDITION WAS IN THE PLANNING STAGES IN EARLY 1990. THIS PHASE OF EXPANSION WAS COMPLETED IN 1992.

First Closed Loop recycling program

1991

Innovative tooling & production methods commercialized

Opened recycling facility in Petoskey

ISO-9001 and QS-9000 certifications

1997

1995 1994

1992

Quality of Life Grant helps fund investment of recycling equipment

- Steve Smith

Two 3-layer ABC extrusion lines added

1993

Received K-Mart's first Environmental Awareness Award

09

The technicians are the blood of our facility. In a commodity market, the only way to get ahead is to invest in your people. Your competition can buy the same equipment. Your competition can buy the same materials. The only way a company can compete is with its workforce.

100% biodegradeable recycled bag 25th Anniversary 3-layer Slip-NGrip速 seat cover with PCR

3-layer ABC extrusion line added

1996

1999 1998

7 million EDI cmanagement systems ompletion

POUNDS OF PLASTIC DIVERTED FROM LANDFILLS ANNUALLY WITH RECYCLING PROGRAM

Slip-N-Grip速 contour seat cover created

$25 millon IN ANNUAL SALES

Started shipping to Europe

Slip-N-Grip速 Pouch Cover速 created

Morristown, TN plant opens


2000s

Indiana recycling plant fully operational

Continual Growth

Indiana Department of Environmental Management $1 millon loan

This exciting new Slip-N-GripÂŽ program with Mopar puts our company amoung the elite suppliers of premium protection products in the interior protection industry.

- Paul Keiswetter

Mopar contract

4.2 millon

trademarked

Didde Press install in Morristown plant

Indiana plant purchased

208,000

POUNDS OF PLASTIC RECYCLED ANNUALLY

2001 2000

2003 2002

SQ. FT FACILITY

- Portion of Paul Keiswetter's Ribbon Cutting Speech

20% drop in sales & pay increases on hold

2007

2005 2004

When we came to Hartford City in 2007, we envisioned converting a vacant "dinosaur" facility into a regional hub for plastic recycling and manufacturing...We're now making products here that are good for the customer and good for the environment, and this expansion is a culmination of our strategy to meet the gorwing demand for recycling and green products. It's a proud moment for our company, for our associates, and for the community.

2006

$60 millon IN ANNUAL SALES

trademarked

2011

2009 2008

Recession: Time to get lean and mean

2010

certified Doubled recycling capacity

PactorÂŽ Bag trademarked

$85 millon

Operations start in Hartford City, IN

IN ANNUAL SALES

Headquarters building opens downtown 2nd recycling line added in Petoskey

7,500

SQ. FT BUILDING

10


50 YEARS OF CONTINUED SUCCESS

BUILDING ADDITION

2010s

HUBZone Small Business Concern Sort line operational in Hartford City

345

Our growth has required us to invest in more capital. We needed to add additional capacity. The local Morriston government and State of Tennessee have been very easy to work with and helped make our decision to proceed with the expansion in Tennessee. We are thrilled with the availability of technical associates. We look forward to completing the building addition in 2018 and continue to add capacity and jobs withing the structure for several years to come.

trademarked

- Jason Keiswetter

®

459

trademarked

ASSOCIATES

Jason Keiswetter named President

Slip-N-Grip® celebrates 30 years

ASSOCIATES

2015

2013

Tennessee plant expansion

Sustainability Scorecards launched

Investing in the Future

2012

32,000 sq.ft

2014

80 new jobs

2016

Added two highspeed offline packing lines in Hartford City

Indiana plant expansion

2019

2017

Added new x-ray machine in Hartford City

2020

$149 2018 millon

Second largest Veteran-Owned Business in Michigan by

IN ANNUAL SALES

We are thrilled to invite them to join the pantheon of outstanding companies that have won our Processor of the Year.

- Plastics News

Appreciating OUR PAST. Celebrating OUR SUCCESS. Inspiring OUR FUTURE.

EXTRUSION CAPACITY INCREASED BY

21 million

POUNDS ANNUALLY

11

PETOSKEY PLASTICS

Purchased $8 million wash line for Hartford City


50 Years of Petoskey Plastics BY THE NUMBERS

1

42

PRODUCTION LINE

PRODUCTION LINES

5

450

ASSOCIATES

ASSOCIATES

10

6,529

CUSTOMERS

6,000

CUSTOMERS

512,000

SQ. FT. MANUFACTURING SPACE

SQ. FT. MANUFACTURING SPACE

$74,000

$149,000,000

IN ANNUAL SALES

IN ANNUAL SALES

12


COMMUNITY INVOLVEMENT As one of the essential components of our mission statement, Petoskey Plastics has always considered the strength of our relationships with our communities to be an important measure of our business’ success. Time and again we have been honored to invest our resources back into our neighborhoods and witness the impressive growth that follows.

We couldn’t be more proud to have associates on our team who are willing to dedicate their time and talents to those in need after a long day of work. As an organization, we follow their generous example by offering financial support to local groups in an effort to earn the appreciation and respect of the communities where we operate.

Charitable Mission Statement In living true to our company mission statement, we contribute to our business communities with our giving focus on youth and their wellness.

Since 2014, Petoskey Plastics has donated over $500k to 240 organizations. 2019 was the highest amount given in a year in company history with $144,500 donated.

13


Promoting Manufacturing Careers As with our corporate donations, education and the success of local youth has been the focal point of some of our most exciting community outreach programs. In response to the skilled labor shortage in the plastics industry, and in support of workforce development in our area, North Central Michigan College worked handin-hand with Petoskey Plastics to foster enthusiasm for the manufacturing program on campus. "The contributions that Petoskey Plastics and the Keiswetter family have made show true investment in our North Central student body and our local Petoskey community – we couldn’t be more proud to work with such a wonderful organization. Our relationship allows us to provide critical educational resources to our students, and in return, we offer the associates at Petoskey Plastics valuable training through our workforce development program." - Cameron Burnet-Koch, President of North Central Michigan College

Donation of a micro blown film line to North Central Michigan College's manufacturing lab. We attend many local community events that allow us to teach students first-hand about skills and unique roles that are found within manufacturing.

Every year, Manufacturing Day is promoted through student tours of our facilities.

The skills gap for manufacturing may leave an estimated 2.4 million positions unfilled between 2018-2028.

This is why it's so important for student outreach!

Every year in October, hundreds of local students can be found touring our three manufacturing locations. Our Associates lead students through our facilities and provide them with valuable insight into production and the skills they can start working on now if they choose a future in manufacturing. It's always an event that kickstarts many students into thinking about a career in manufacturing.

Source: BLS Data, OEM (Oxford Economics Model), Deloitte & Manufacturing Institute skills research initiative.

14


EXPERTISE We pride ourselves in offering expansive product lines and custom-engineered solutions to meet the expectations of our customers and the industries we serve. As a manufacturer and supplier, we have the resources to create custom

products that rival the national brands in performance and cost. Our innovation and continued capital investment position us well for sustained growth with our customers.

All of our custom-engineered products share common attributes: innovation, performance, and value for our customers.

ENGINEERED SOLUTIONS ON-SITE TRAINING ◆ RESIN FORMULAS ◆ PACKAGING ◆ 3 & 5-LAYER FILMS ◆ PRODUCT PERFORMANCE ◆ MATERIAL REDUCTION

SUSTAINABILITY EARTH-FRIENDLY PACKAGING ◆ CLOSED LOOP PROGRAMS ◆ ONE OF THE LARGEST RECYCLERS OF PLASTIC FILM IN NORTH AMERICA ◆ SCORECARD PROGRAM ◆ GREENPE® RECYCLED RESIN

CUSTOMIZATIONS SCENTS ◆ GAUGES ◆ COLORS ◆ PRINT ◆ SIZES ◆ CLOSURE TYPES ◆ POST-CONSUMER RESIN CONTENT

DEPENDABLE SERVICE MULTI-SITE PRODUCTION ◆ IN-HOUSE QUALITY LABS ◆ 24-HR OPERATIONS ◆ TRAINED CUSTOMER SERVICE ◆ ON-TIME DELIVERY

15


BY THE NUMBERS Last year...

434 railcars

OF RESIN WERE PURCHASED

2,715,066 lbs OF PAPER FLOOR MATS WERE PRODUCED

32,214,725 lbs OF POST-CONSUMER PLASTIC WENT THROUGH OUR WASH LINE PROCESS

101,049,692 lbs OF FINISHED PLASTIC PRODUCTS WERE PRODUCED

Seat Covers

Figures based on annual 2019 data.

16


WHAT OUR CUSTOME Family-Owned Company The culture at Petoskey Plastics is what differentiates us from the rest of the industry. We are a small, privately held, family-owned company which has allowed us to really cultivate the company culture in every associate that joins our team. Each person offers a singularly important perspective on how to innovate and improve, representing a dynamic culture that is constantly rising to meet the needs of our customers.

Extensive Industry Knowledge We have been in the plastics business for a long time. 50 years to be exact. That means we know our market, how it ebbs and flows, and we share that knowledge with our customers, helping them to understand the industry as well as we do.

Global Reach

With multiple locations all over the United States and the ability to sell and ship globally, it is easy for customers all over the world to have access to, and take advantage of, our superior quality products and distribution opportunities. We currently have customers in over 45 countries and we currently serve 30 Fortune 500 companies.

17


ERS VALUE ABOUT US Core Values

• • • • •

Innovation and continuous improvement are a way of life and a state of mind here. Teamwork is essential to our success. Provide valued, engineered solutions that directly satisfy the customer’s needs. The customer always comes first. We are here to help every step of the way. Get the job done, but get it done safely and efficiently.

Commitment to the Environment Value & Customization

Our extensive industry knowledge, experience, and relationships with our suppliers allow us to be more flexible with our prices, always making sure we are giving the customer the best value possible. In addition, our innovative technology allows us to customize most of the products we make.

We do not just talk about sustainability; we practice it in every aspect of our business. Each year we set new goals to push the limits of our sustainability with our recycled products as well as our manufacturing practices. With the installation of our new wash line, we will be able to recycle significantly more plastic while also producing a finer product.

Our Associates

We have a unique culture and dedicated associates who work together seamlessly to provide our customers with the best experience possible. Many come from diverse backgrounds and carry with them years of experience. Our associates have the energy, knowledge, positive attitude, and attention to detail that make working with them simple and easy.

18


CUSTOMER RELATIONS Petoskey Plastics focuses each day on earning the appreciation and respect of our customers, associates, and communities. This is our mission and it is consistent in all areas and divisions of our complex business. Overall, meeting and exceeding our customers' expectations is what separates us from the competiton. We aspire to to transform our customers into raving fans of Petoskey Plastics products and services.

Partnering with our customers is not just a saying but an expectation at Petoskey Plastics.

"In-touch" Approach In our sales department, the theme “intouch”, serves as our daily mantra. This attitude is contagious throughout the company. Our quality directors, R&D team members, engineers, and management are encouraged to communicate with customers to help ensure we are living up to our mission of earning their appreciation.

Honest Communication Sales associates interact with customers on a regular basis via phone and email. In addition, we frequently attend inperson partnership meetings held with our customers at their locations. These meetings include the review of sales data, quality, and on-time delivery as well as developing growth plans and new products that support our customers’ initiatives.

“Petoskey has a long-term outlook, its a company that forges a partnership that helps solve problems, and it even helps suggest opportunities in new markets”. - Petoskey Plastics Customer

19


CERTIFICATIONS Petoskey Plastics is a company committed to providing the highest quality products using innovative and sustainable manufacturing processes. We emphasize quality management throughout all manufacturing locations, ensuring that our products and services meet our customers' requirements.

Petoskey Plant is registered and compliant with 21 CFR Part 820

Recommended supplier. Exceeds EPA and LEED Standards.

Proven quality and performance As a small business, we work hard to provide solutions for our customers and strive for continuous improvements in our processes, products, operations, systems, and services. Our team is dedicated to continuous improvement, and we work hard every day to maintain our reputation for quality products made by talented people.

With a corporate philosophy rooted in continuous improvement, our quality team has

We have quality labs with state-of-the-art testing equipment at all three manufacturing facilities, allowing us to conduct multiple R&D projects simultaneously.

of combined experience!

OVER 100 YEARS

In 2019, our team oversaw more than 54 R&D projects.

20


DIVISIONS

CAN LINERS | TRASH BAGS | TIRE BAGS | CONSTRUCTION SHEETING | SEAT COVERS | MEDICAL BAGS Petoskey Plastics currently serves six key divisions across multiple industries, each with their own purpose of supplying unique products that keep our manufacturing plants running 24/7. Each division has its own dedicated team of associates, ensuring expert knowledge and quick customer service.

21

Automotive

Retail

Custom Packaging

We serve automotive OEMs and the automotive aftermarket with a variety of vehicle protection products that help exceed customer expectations and keep them coming back. Our automotive brands and product lines include everything from floor mats to service reminder printers; whatever you need for vehicle service operations.

We service a wide array of retail channels, including mass merchandise, dollar, grocery, hardware and home center, and drug stores. We offer National Brand Equivalent products and produce the best recycled trash bags in the industry.

Our packaging division specializes in utilizing our multi-layer technology and engineered solutions to service a wide variety of markets such as medical, delivery, custom, beverage, industrial, and institutional. We are the industry leader and innovator of offering closed loop programs that recycle a customer’s plastic and then produce new products out of the recycled material using our engineered high-strength 3-layer GreencoreŽ products structure.


POST-CONSUMER RECYCLED RESIN | DRUM LINERS | CAN SACKS | MEDICAL BAGS | CONTRACTOR BAGS | RECYCLING BAGS

CHIM

Medical

Recycle

Our construction and home improvement segment includes servicing retailers, wholesale distributors, and two-step distributors with construction film/sheeting, consumer sheeting, high density painter’s plastic and drop cloths, contractor bags, drum liners, and can liners.

Products include autoclave, biohazard, chemo, and medical recycling bags. All of our medical bags and coverings provide maximum protection and are FDA-Certified to prevent the transfer of infectious diseases.

We manufacture post-consumer plastic resin from plastic that has been collected following its original intended use. In addition to a variety of products, we also provide several services for our customers that help them reduce their own carbon footprints. With our Closed Loop programs, we help customers divert landfill-bound plastic and then in-turn, put it back into other products.

22


MARKETS

AUTOMOTIVE

AIRPORTS

ARENAS

BEVERAGE

CONSTRUCTION

INSTITUTIONAL

FUNDRAISING

JANITORIAL

2

23

MEDICAL

PAINT SUNDRIES

PRIVATE LABEL

RESIN

RETAIL

PACKAGING

PARKS & REC

RECYCLING


PRIVATE LABEL We are an industry leader supplying the retail, industrial, and home improvement markets with national brand equivalents. We work with you every step of the way; from developing products that meet your requirements to the type of box and artwork design.

We manufacture quality products with YOUR BRAND on the box.

Quality

3-ply construction for guaranteed performance. Comparable to national brand name products without the extra costs.

Sustainability

Bags are available with up to 70% post-consumer recycled content. 3-layer technology gets you the green advantage without extra costs.

Capability We have manufacturing plants in three locations, each specializing in a variety of products. Wide range of state-of-the-art equipment to meet required specializations.

Flexibility

Available in a large range of sizes (12-60 gallon) and colors. Work with our engineers to get the custom fit, closure type, and look you want.

Low Minimums

Why buy more than you need? We offer low minimum quantities that work for you.

24


SUSTAINABLE PRODUCTS Petoskey Plastics is a very diverse company. In addition to manufacturing world-class multi-layer bags and film, we are also one of the largest post-consumer film recyclers in North America.

EACH MONTH WE RECYCLE OVER

2.5 million lbs of landfill-bound plastic bags and stretch wrap.

We began recycling in 1978, before it was "in."

Our constantly evolving research, technologies, and materials have led to a full line of high-performance polyethylene products that contain recycled material that keep the environment in mind.

Can Liners

Can Sacks

Recycling Bags

Drawstring Trash Bags

All products can contain 70% or more post-consumer recycled plastic. It varies depending upon your specific product requirements.

25


3-Layer Film Technology Our exclusive vertically integrated manufacturing process creates high-performance polyethylene products through our 3-layer construction. We are able to add recycled material to the core of the film without losing its integrity and strength. It performs equally as well and even better than film made with virgin material. This high-strength, 3-ply film structure adds strength and flexibility to our products which maximizes performance in various polymers.

Our 3-layer technology meets the highest performance requirements depending on the specific product market. OUTSIDE PLY high-strength virgin plastic

Made with up to 70% Post-Consumer Recycled Plastic

INNER CORE post-consumer recycled plastic

INSIDE PLY high-strength, easy-opening, virgin plastic

TOP LAYER holds paint & dust

MIDDLE LAYER provides strength

BOTTOM LAYER

Why 3-layer and not mono-layer? ✓ IMPROVES TEAR STRENGTH, FLEXIBILITY, AND PERFORMANCE ✓ PROVIDES OPPORTUNITIES FOR MATERIAL REDUCTION ✓ USES HIGH AMOUNTS OF PCR = BETTER FOR YOUR CARBON FOOTPRINT ✓ VARIOUS DEGREES OF SURFACE PERFORMANCE

clings to surface

This multi-layer highdensity polyethylene film is specially designed to cling to virtually any surface with minimal to no taping required.

26


CLOSED LOOP PROGRAM The program includes

✓COLLECTION & TRANSPORTATION ✓SORTING & PROCESSING ✓PELLET PRODUCTION & QUALITY ASSURANCE ✓BLOWN FILM PRODUCTION & DELIVERY We offer a variety of products and services that help our customers divert landfill-bound used plastic into reusable products like resins or bags and film. Through our Closed Loop program, companies divert what would typically be landfillbound plastic waste and recycle it through us instead.

3 CONSUMER By putting the post-consumer recycled plastic back into our 3-layer film and bag products, our products cost less, perform just as well, and are better for the environment.

27

1 COLLECTION

We collect and bale used plastic film at your site and ship it to our state-of-the-art recycling facility in Hartford City, Indiana, where we recycle it.

2 REPROCESSING Our exclusive, vertically integrated manufacturing process turns the postconsumer recycled plastic into resin pellets, which in turn allows us to create high-performance polyethylene products on our blown-film lines.

Visit petoskeyplastics.com/closed-loop-program to watch the video.


SUSTAINABILITY SCORECARD Making the decision to engage in a recycling philosophy means taking on social and economic responsibility to care for the environment. As a company committed to innovative sustainable manufacturing, Petoskey Plastics took on the challenge to quantify the impact that their customers’ recycling practices are actually having on the planet. The scorecard was created for customers who purchase products made with recycled blown plastic film. This gives our customers and closed loop partners the advantage of evaluating the actual impact of their purchasing efforts, and communicates it in a way that investors, employees, and their customers can easily understand. Evaluate the actual impact of your purchasing and sustainability efforts Provides a quantitative evaluation and return on investment to the environment Provides carbon footprint equivalents Compare between specific time periods y Logo Compan

Compan y Logo

“This program is a first for the plastic film and bag industry.” - Paul Keiswetter, Chairman & CEO

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Connect with us!

Visit our websites to learn more about our brands! slipngrip.com greencoreproducts.com steelcoatproducts.com

Locations Petoskey Headquarters One Petoskey Street Petoskey, MI 49770 Sales OfďŹ ce 231 S. Old Woodward Ave Suite 212 Birmingham, MI 48009 Petoskey Manufacturing Plant 4226 Charlevoix Ave Petoskey, MI 49770 Indiana Manufacturing Plant 1100 Grant Street Hartford City, IN 47348 Tennessee Manufacturing Plant 5725 Commerce Blvd Morristown, TN 37814

Š 2020 Petoskey Plastics. All Rights Reserved. Second edition: March 2020 Petoskey Plastics, One Petoskey St. Petoskey, MI www.petoskeyplastics.com


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