We froze hiring after GSP expired. Since GSP was reinstated and refunded, we have hired five new employees.
Greg Jacobson, President
Founded in 1993 in Kansas City, Missouri, PolySource is a value-added distributor of thermoplastic resins and compounds. PolySource’s primary customers are American manufacturers in industries ranging from agriculture to aerospace. PolySource has warehouses strategically located across 8 states.
When GSP expired in August 2013, PolySource ended up paying more than $600,000 in extra taxes. PolySource reported in February 2015 that at least 2 new hires could not be made because of expiration.
That changed with the retroactive GSP renewal. PolySource has hired 5 new workers – exceeding even its own estimates of the positive impact of a potential renewal – in the year since GSP went back into effect.