FRANKFORT, Ky. (AP) -- Frankfort officials say more than 350 jobs are expected to be created when a plastic recycling plant opens in the city.
The Frankfort State Journal reported Tuesday that Mountain Valley Recycling Corporation will open as soon as possible.
The Boca Raton, Fla.-based company turns plastic waste into reusable resins for manufacturers of plastic products.
In a groundbreaking move, the Food and Drug Administration recently approved two types of resins made by Mountain Valley Recycling for food contact.
Ron Whaley, president of the Frankfort City Commission, says the commission will move through the beaucratic process as quickly as possible to enable Mountain Valley to move in.
George Liebman of the Bluegrass Area Development District told commissioners the company would have an annual payroll of about $11.4 million.