Petoskey Plastics

What Petoskey Plastics does

Petoskey Plastics is a family-owned, U.S.-domiciled manufacturer of polyethylene blown film, bags, and rollstock packaging operating from four domestic production facilities in Petoskey (Michigan), Hartford City (Indiana), Morristown (Tennessee), and McKinney (Texas). The company runs 26 blown film extrusion lines, with 98% of equipment capable of 3- and 5-layer constructions, and supports an in-house closed-loop recycling operation centered at Hartford City that produces its proprietary GreenPE® post-consumer recycled (PCR) resin, certified by SCS Global Services. Vertical integration allows PCR content up to 70% in finished film products across sub-brands including GreenPE® Shrink™, GreenPE® Bags, GreenPE® Film, GreenPE® Covers, Steelcoat®, Greencore®, and Slip-N-Grip®.

The business serves a diverse vertical mix — automotive (seat covers, tire bags, interior/exterior film), retail and private label (trash bags, drawstring bags, color/scented bags), medical (FDA-registered Steelcoat Medical® disposable gowns), construction/home improvement (painter's plastic, sheeting), institutional, and custom/industrial film — with direct B2B sales through enterprise field engagement, private-label programs, and trade show channels (notably PLMA). Revenue mechanics are quote-based B2B manufacturing with no disclosed pricing or channel intermediaries; revenue is generated by hardware sales of film, bags, and resin with a sustainability-differentiated positioning (domestic supply security, recycled content, veteran-owned certification) that supports premium positioning in private-label and government/institutional procurement.

The company employs 564 people across facilities, exports to 45 countries, and has historically grown through a combination of greenfield expansion (McKinney TX in 2021 at a $30M investment) and product-line extensions, including a high-speed automated gown line added in 2023 with capacity scaled to 4M gowns/month by 2024. Petoskey is privately held by the Keiswetter family, with Paul Keiswetter serving as Chairman/CEO and Jason Keiswetter as President since 2019.

Name

Petoskey Plastics

Legal name

Petoskey Plastics

Website

https://petoskeyplastics.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

251–500 employees

Short description

Petoskey Plastics is a family-owned U.S. manufacturer of polyethylene blown film, bags, and rollstock packaging with vertically integrated closed-loop recycling, serving automotive, retail/private label, medical, and industrial customers from four domestic facilities.

Ownership category

akta.pro rank

Product category

Plastic Film and Packaging Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Unsupported Plastics Film & Sheet (3081), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

akta.pro secondary industries

Industrial & Protective Film Extrusion (Masking, Surface Protection, Barrier Films) (IMANACAD), Film & Flexible Plastics Recycling (LDPE/LLDPE, Multilayer) (EUAIAKAE), Plastic Resin & Polymer Manufacturing (IMANAOAA)

Keywords

• Blown film extrusion
• Polyethylene film manufacturing
• Plastic bag manufacturing
• Recycled resin production
• Private label packaging

Headquarters

HQ city

Petoskey

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. B2B Manufacturing and Product Sales: Traditional B2B manufacturing revenue model. Petoskey Plastics manufactures blown film, bags, and rollstock packaging for customers and sells product directly. Offers private label capabilities for retail and brand customers.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Petoskey Plastics manufactures polyethylene blown film, bags, and rollstock packaging across four U.S. facilities using 3- and 5-layer blown film extrusion. It operates a vertically integrated closed-loop recycling model, producing its proprietary GreenPE® post-consumer recycled resin and supplying standard, custom, and private-label film products to the automotive, medical, retail, construction, and industrial sectors.

Product overview

Petoskey Plastics is an environmentally focused polyethylene film, bag, and resin manufacturer serving automotive, construction, home improvement, institutional, medical, and retail markets across four domestic manufacturing facilities in Michigan, Indiana, Tennessee, and Texas. The company operates a vertically integrated closed-loop recycling model, producing its proprietary GreenPE® post-consumer recycled resin at its Hartford City, Indiana recycling hub and incorporating it across multiple branded product lines. Core branded sub-brands include GreenPE® (sustainable resin and products — Shrink™, Bags, Film, Covers), Steelcoat® (painter's plastic, sheeting, automotive covers, and Steelcoat Medical® gowns), Greencore® (eco-friendly trash bags and can liners), and Slip-N-Grip® (aftermarket seat covers and tire bags). The Sustainability Scorecard program provides annual environmental impact reports to customers purchasing recycled-content products. The company also offers extensive private-label manufacturing for retailers and industrial customers.

Differentiator

Problem solved

Functional benefit

Brands

• GreenPE: Proprietary SCS-certified post-consumer recycled plastic resin produced at the Hartford City, Indiana recycling facility, used across multiple product lines including GreenPE Shrink, GreenPE Film, GreenPE Bags, and GreenPE Covers.
• Steelcoat Medical

Products and services

• GreenPE Shrink™
• GreenPE® Resin
• GreenPE® Bags
• GreenPE® Film
• GreenPE® Covers
• Steelcoat®
• Greencore®
• Slip-N-Grip®
• Steelcoat Medical® Disposable Gowns
• Sustainability Scorecard
• Contour Seat Covers (Automotive)
• Drum Liners
• Dental Chair Covers and Medical Barrier Bags
• Private Label Color Trash Bags

Quantifiable outcome

• Serves customers in 45 countries with domestic US manufacturing footprint
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• McLaren Health CarecoreStrategic or Co-development Partner · 1 January 2020Strategic partnership to manufacture medical isolation gowns during the COVID-19 pandemic. Petoskey Plastics leveraged its blown film extrusion capacity and converted existing production lines to produce gowns for McLaren Health Care, a major Michigan-based healthcare system.
• Michigan Technological UniversityminorOthersEngineering capstone sponsorship program. Petoskey Plastics sponsors engineering students at Michigan Technological University through capstone projects, providing industry exposure and talent pipeline development.
• North Central Michigan CollegeminorOthersBlown film line equipment donation to North Central Michigan College's polymer engineering program. Supports workforce development and technical education in the region's plastics manufacturing sector.
• SCS Global ServicescoreTechnology or IntegrationThird-party certification partnership for recycled content claims. SCS Global Services provides independent certification verifying recycled content in Petoskey Plastics' film and bag products, supporting sustainability marketing and procurement requirements.
• Schupan RecyclingminorStrategic or Co-development PartnerCircular economy collaboration for Flint water bottle recycling initiative. Schupan Recycling collects post-consumer plastic from Flint, Michigan, which is processed and supplied to Petoskey Plastics for reclamation and reprocessing into new film products.
• 3McoreOthersStrategic supplier-customer relationship with 3M. Petoskey Plastics supplies film and packaging products to 3M and was recognized as 3M Supplier of the Year in 2016. The relationship involves multi-layer film technology supply and potentially OEM-embedded components.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Poly-America: One of the largest blown film extruders in North America, producing polyethylene films, bags, and sheeting across retail, construction, and industrial segments. Highly comparable product mix and customer base to Petoskey Plastics.
• Inteplast Group: Manufacturer of blown films, bags, and retail/private-label packaging products. Closely comparable to Petoskey in retail trash bag and can liner production across multiple manufacturing facilities.
• Sigma Plastics Group: Multi-plant blown film extruder serving flexible packaging, industrial, and retail markets. Comparable vertically integrated film production model and broad product portfolio spanning bags, liners, and specialty films.
• Placon Corporation: Custom plastic packaging manufacturer with sustainability and PCR-content initiatives in thermoformed and film products. Comparable in size, custom-engineered film positioning, and recycled-content branding.
• C-P Flexible Packaging: Mid-market flexible packaging converter producing films and bags for retail, food, and industrial markets. Comparable in custom film/bag production, private label capabilities, and sustainable packaging positioning.
• Charter Next Generation: Specialty blown film extruder with a strong sustainability and PCR-content focus, serving similar flexible packaging, retail, and industrial end markets. Closest direct comparable in multi-layer film technology and recycled-content positioning.

Broad incumbents

• Berry Global (now part of Amcor): Large diversified packaging manufacturer with significant flexible films, bags, and protective packaging exposure. Overlaps with Petoskey in retail bags, can liners, and protective films but operates at much greater scale.
• Sealed Air: Global protective and food packaging company with film-based products. Adjacent to Petoskey in protective films and specialty packaging, though with a more food-and-protective focus and broader product portfolio.
• Amcor: Global packaging giant with a large flexible packaging portfolio including films, bags, and shrink film. Competes with Petoskey in shrink film and laminated packaging, though at vastly larger scale and broader geographic reach.
• Novolex: Large North American paper and flexible packaging producer with a broad bags, can liners, and specialty films portfolio. Comparable in retail trash bag, can liner, and private label film categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petoskey Plastics