Medical Industries of the Americas to revive Alabama latex plant with growth project

Medical Industries of the Americas to revive Alabama latex plant with growth project
The former Ameritex Corp. factory in Eufaula has been retooled and will open in the second quarter of this year, gradually building to three shifts a day, according to officials with Medical Industries of the Americas. (contributed)

Medical Industries of the Americas plans to relaunch latex production at a shuttered factory in Barbour County as part of a plan to expand the site into a comprehensive manufacturing complex for medical commodities, Alabama officials announced today.

MI Americas plans to begin production at the former Ameritex Corp. facility in Eufaula during the second quarter of 2020, boosting the local economy by creating up to 400 jobs. The facility has been idle for four years.

“We’ve retooled 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 Gov. 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 may eventually reach $50 million as it expands product lines.

“It’s welcome news that Medical Industries of the Americas has selected Alabama for its strategic growth plans,” 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.”

Medical Industries of the Americas plans to revive production at a latex plant in Eufaula, creating as many as 400 jobs one day. (MI Americas)

Growth plans

MI Americas plans to return the plant to full operation in stages, eventually operating three shifts a day, five days a week.

Products it will manufacture at the 105,000‐square‐foot, 15‐acre site in the Eufaula Industrial Park include latex gloves for use in a variety of fields, including the medical and agricultural industries, as well as other healthcare items like hot/cold packs and nonallergenic natural latex condoms.

“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 restarting production we see this as a symbolic gesture throughout the state and nation that there’s still a strong market for American‐made goods.”

The city of Eufaula will get a welcome economic boost from MI Americas’ plans to reopen a latex plant shuttered four years ago, Mayor Jack R. Tibbs Jr. says. (Joe Watts)

MI Americas said the facility will have the capacity to produce some 500,000 latex gloves daily. As it prepares for the production launch, the company is simultaneously pursuing efforts to expand its manufacturing capacity and product offerings.

It plans to 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.”

Eufaula Mayor Jack Tibbs said MI Americas’ substantial financial commitment to resuscitate and 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,” Tibbs said. “We appreciate Gov. Kay Ivey and Secretary of Commerce Greg Canfield for their help in bringing this project to fruition.”

This story originally appeared on the Alabama Department of Commerce’s Made in Alabama website.

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