The Coldwater City Council in the US has formally approved a 12-year tax abatement on real estate and personal property for Schmitz Foam. The producer of the ProPlay shockpad plans to build a new storage facility.
The building will be built across from their existing building. According to Schmitz Holdings President and CEO Erguen Ozecan, “The new building will allow for better storage and help maximize their production capabilities.”
He adds the investment was essential to their continued success as one of the leaders in the field of athletic shockpad manufacturing.
City Assessor Samantha Albright told the Coldwater City Council on Monday night Schmitz is planning a total investment of over USD 6.4 million towards the expansion project.
She said the start of construction has been pushed back.
ProPlay is the most used shockpad in the world. It is produced from residual cross-linked foam flakes from other industries like the automotive industry.
The plants in Coldwater (the US) and Roermond (the Netherlands) together produce over 3 million square metres per year.