India-based Polyplex USA Plans Decatur, Alabama, Facility Expansion
02/26/2021
According to state officials, Polyplex plans to add a second Biaxially Oriented Polyethylene Terephthalate film line at the Alabama facility, with an additional investment to create matching capacity for captive resin. BOPET is used in packaging, electrical and other industrial applications.
“We are eager to leverage our existing operations, our strong ties to our customers, to our communities and of course to the expertise of our operations team as evidenced by our successful expansions in other locations,” said Amit Kalra, president of Polyplex USA. “We have a well-established sales and distribution system and hope to continue to provide additional value to our customers with a cost effective, faster turnaround and increased reliability of supplies.”
“Alabama is a welcoming home to companies from around the world, and it’s great to see that Polyplex is including Decatur in its growth plans,” Governor Kay Ivey said. “Polyplex is making a significant investment in its Morgan County facility and solidifying its presence there with 100 new jobs. We look forward to seeing this company grow in Sweet Home Alabama,” she added.
Polyplex said construction at the facility is scheduled to begin during the first half of 2021, with production expected to begin by the end of next year. Once the expansion project is complete, Polyplex’s Decatur facility will have the largest capacity BOPET film line in the world.
“Polyplex’s reinvestment in its Decatur facility shows that the company has a high level of confidence in its Alabama workforce and in the future prospects of its Morgan County operation,” said Greg Canfield, Secretary of the Alabama Department of Commerce.
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024