In March, Booneville, Mississippi-based South Central Polymers, Inc. (SCP) closed on the purchase of Myco Plastics, Inc. (Myco). SCP President and CEO Bud Hanna said, “the company [SCP] was originally planning to expand into another market, but was drawn to Jacksonville by the strength of its existing plastics industry.” SCP will continue to operate as Myco in Jacksonville.

“A driver in the decision to purchase Myco was the talent and tenure of the current employees” said SCP Vice-President and General Manager Joshua Hanna. “Approximately a third of the current employees have worked at Myco for over 10-years and in April we were pleased to announce pay raises for our people.”

Immediate plans by SCP include interior and exterior improvements to their location on US HWY 79. Near- term plans include expansion of the building, investment in additional injection-molding equipment, and growth in employee count.

“Jacksonville’s robust plastics industry continues to draw outside investment, and the Jacksonville Economic Development Corporation (JEDCO) is committed to leveraging our position in the market”, said JEDCO Chairman of the Board Darrell Dement. “We look forward to building a strong relationship with SCP and appreciate their investment.”

About JEDCO

The Jacksonville Economic Development Corporation (JEDCO) was established in 1995 by the voters of Jacksonville. JEDCO is a Type B corporation governed by State Law and operates on revenue from a 1⁄2 cent sales tax. JEDCO is led by a seven-member board of directors appointed by the Jacksonville City Council.