Alabama state officials announced Tuesday that Medical Industries of the Americas will re-launch latex production at a shuttered factory in Barbour County. The company is expecting to revive production at the former Ameritex Corp. facility in Eufaula during the second quarter of 2020. The move is expected to create up to 400 jobs after the facility has been idled for four years.
“We’ve re‐tooled the plant, brought in experienced management, and signed up some of the largest distributors of latex and medical products in the U.S. to deliver our products domestically and worldwide,” said Abe Summers, president of MI Americas.
“With the support of Governor Kay Ivey, the state Legislature, and local government officials, all of whom want to see this once‐great industry back on its feet, we’ve been able to bring those hopes to fruition.”
MI Americas said the investment in the Alabama production complex could eventually reach $50 million as it expands its product lines.
“It’s welcome news that Medical Industries of the Americas has selected Alabama for its strategic growth plans,” Governor Ivey said. “The company’s project will not only create a significant number of jobs in Eufaula but also provide an economic boost for the entire region.
“We’ve worked hard to create an environment where businesses can thrive, and this is another indicator that we are succeeding.”
The company plans to return the plant to full operation in stages with the goal of eventually operating three shifts a day, five days a week.
“We are excited about the positive impact this will have on the local and regional economies,” MI Americas CEO David Silver said.
“Not only is this a great leap forward for the community, but by re‐starting production we see this as a symbolic gesture throughout the state and nation that there’s still a strong market for American‐made goods.”
It plans to also seek opportunities for financing such growth through new sources of revenue and potential outside investment.
“We’re committed to helping create career opportunities for residents of Alabama’s rural counties through economic development,” said Greg Canfield, secretary of the Alabama Department of Commerce.
“By spurring job growth, this rural venture will lift families in Eufaula and set the community on course for more positive developments.”
Mayor Jack B. Tibbs Jr. said the company’s commitment to reopen the latex plant represents a game-changing economic development for the Southeast Alabama city.
“We are excited about Medical Industries of the Americas coming to our great city. We look forward to a wonderful partnership and to the much-needed jobs they will provide our residents in Eufaula, Barbour County and the surrounding area,” he said.
“We appreciate Governor Kay Ivey and Secretary of Commerce Greg Canfield for their help in bringing this project to fruition.”