Poly Processing Co

4.7★★★★★(6 reviews)

2201 Old Sterlington Rd, Monroe, LA 71203

Monroe, Louisiana, United States

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Business facts

Estimated annual revenue~$65.0M
Estimated employees~88
Annual payroll (2020)~$6.6M
In business since2005
Based on reported payroll data

Area statistics (71203)

Population40,063
Median household income$43,298
Source: US Census ACS

About

Poly Processing Co, formerly known as the Abell Company, was founded in 1955 as an agricultural distribution service. In 1970, the company recognized a need for better storage solutions for corrosive chemicals and developed a process for rotomolded, crosslinked plastic storage. Today, Poly Processing is a national leader in crosslinked polyethylene chemical tanks, with manufacturing facilities in Louisiana, California, and Virginia. The company is dedicated to storage safety, operational- and cost-effectiveness, and continually develops new storage concepts based on client feedback. Poly Processing also works with industry professionals and major educational facilities to research and develop further advances in chemical storage. The company is known for its technological innovations and its human approach to business and service, with a focus on customer service.

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Credit Cards
Debit Card, Yes
Wheelchair Accessible
Parking, Yes
Categories: Manufacturing.
ISIC Codes: C.

Market analysis

Revenue trend (modeled)

~$47.8M2019
~$47.5M2020
~$52.8M2021
~$58.5M2022
~$61.8M2023
~$65.0M2024
Modeled from category averages for the region+6.4%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2008 (LA)
Employees (reported band)8-17
Observed

Property

Lot size1.72 acres
CountyOuachita
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$1.4M · 89 jobs reported · implies ~$6.6M annual payroll · $1.4M forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Manufacturing in Louisiana1,436~$8.5B~$16.7M~$3.8M4.5★17×

Manufacturing in Louisiana: revenue figures from the 510 of 1,436 businesses with estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)84~$600.5M~$7.1M~$667.8K711~$64.4M97×

1 km area (all businesses): median from the 79 of 84 businesses with estimates

Estimate

Area conditions (71203)

Population40,063 ±1,983
Median household income$43,298 ±$3,405
Median home value$172,700
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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