by Mark Carter
Posted 10/17/2012 10:39 am
Updated 7 months ago
NextLife Asset Recovery Services will open a corporate headquarters and processing plant in Rogers, it announced Wednesday.
The operation will employ 350 and be located in an existing 252,000-SF facility at 1300 North Dixieland Road. The plant will employ 340 and 10 employees will man the corporate office. Details of the transaction that secured the building weren't released, but the company worked with state and local officials to make it happen.
NextLife recycles "post-consumer plastics into an environmentally sustainable resin that can be used to manufacture new consumer plastic items," which is what the Rogers plant will do, according to a news release. NextLife Recovery is part of NextLife Enterprises, based in Boca Raton, Fla.
NextLife officials said they've already secured agreements with several companies to supply post-consumer plastic waste from the Rogers plant.
"We are thrilled to be opening our third location and our second processing facility," said NextLife president and CEO Ron Whaley in the release. "We are excited to bring green jobs to Arkansas. I want to thank both the state and local officials who have made this day a reality."
NextLife plans three phases for its Rogers operations. The second phase will establish production lines to turn plastic waste into sustainable resin, and the third phase will establish joint ventures and manufacturing facilities with plastics manufacturers.
Gov. Mike Beebe joined NextLife officials at a Wednesday morning announcement.
"NextLife brings together a growing clean-technology center with Arkansas' strong tradition in manufacturing," he said at the event. "By locating these jobs to northwest Arkansas, NextLife is the latest company to send notice that this emerging field holds great promise for creating American jobs."
According to the release, NextLife's resins can be customized for use in a wide variety of applications, including consumer products. Their carbon footprint is 70 percent less than that of a virgin resin, helping businesses create high-quality green products that are attractive to consumers, company officials said.