PolySource is a value-added distributor of thermoplastic resins and compounds. Headquartered in Missouri, it also has warehouses in Colorado, Illinois, Minnesota, New Jersey, Ohio, Pennsylvania, and Texas. Its customers are primarily American manufacturers of global consumer goods (e.g., autos, aerospace products), though it also exports to Canada and Mexico.
GSP expiration in 2013 hurt both PolySource and its customers, who use GSP to “take advantage of certain raw materials throughout the world that allows them to sell worldwide.” PolySource itself paid more than $600,000 in extra taxes during expiration and put at least two new hires on hold.
Since GSP went back into effect, PolySource has hired 5 new workers. The company recently received the 2017 “Best Places to Work” award from Plastics News.
Our PolySource profile page has more details about the importance of continued GSP benefits to the company (also available as a one-page PDF here or below).
PolySource is just one of the GSP importers sharing how GSP allows its businesses and workers to thrive on our Company Profiles page.
