Microplastics, Inc. of St. Charles is the second recipient of the Illinois Manufacturing Innovation Voucher, receiving matching funds that include additional investment from the Kane County Innovation Voucher.
The company was approved for the Kane County Innovation Voucher at the May 15 Kane County Board Jobs Committee.
Since IMEC launched the Illinois Manufacturing Innovation Voucher program in November 2019, small and medium-sized manufacturers across the state have been finding new and innovative ways to propel their organizations through increased productivity.
About Microplastics Products
Microplastics, Inc. is a world class employee owned manufacturer located in St. Charles, Illinois. The company specializes in producing plastic parts formed around inserts such as electrical terminals, bushings and sensors.
Most of MPI’s parts are made to order for domestic and foreign automobile parts manufacturers. The company produces parts through conventional insert molding as well as robotic techniques.
Seeing the vision of the impacts the Voucher program will have on the future of Illinois manufacturing, Kane County developed the Kane County Innovation Voucher to offer up to an additional $5,000 to Kane County manufacturers who are also taking advantage of the up to $25,000 program offered by IMEC.
Kane County Board Chairman Chris Lauzen said the County Board has adopted several unique programs to support manufacturers in Kane County.
“We are delighted to partner with IMEC in this Innovation Voucher Program,” he said, ” because it allows Kane County manufacturers to grow and prepare for the challenges of the future.”
Illinois manufacturers who are interested in propelling their organization to see measurable gains in productivity and competitiveness through innovation, can click here to learn more the Illinois Manufacturing Innovation Voucher!
IMEC is a team of improvement specialists who are dedicated to changing lives and creating a positive impact on Illinois’ workforce and economy.
With a mission to drive growth through enterprise excellence, they help organizations become more effective and efficient by identifying issues, developing and implementing solutions and providing the necessary support that will allow them to excel in areas of leadership, strategy, customer engagement, operations, workforce, and measurement and results.
In 2019, they assisted more than 700 companies and created over 4,600 jobs, resulting in over $430 million aggregate impact to the Illinois economy.
IMEC has seven offices statewide and 48 full-time industry improvement specialists. For more information, visit www.imec.org.
SOURCE: Kane County Development and Community Services Department news release