Mitsubishi Polyester Film Invests $100 Million To Expand Its Greer, South Carolina, Manufacturing Complex
The investment will include the installation of a world-class polyester film production line, which will combine a high level of technology with production efficiency. Mitsubishi intends to use this line to support the growth of its business in both the U.S. and overseas markets. The investment is expected to be completed by the third quarter of 2017.
“Mitsubishi Plastics has once again demonstrated its commitment to our business, employees, our customers and the Greer community. This investment would not have been possible without the strong support of State, Local and County officials. This expansion further enhances our ability to support our customers and markets with value added low cost solutions, while at the same time providing employment for the more than 500 families that depend on our business for their livelihood,” Bill Radlein, President/COO Mitsubishi Polyester Film America said.
The American affiliate of the Japan-based Mitsubishi Plastics, Inc., Mitsubishi Polyester Film was established in 1964 with the opening of its Upstate South Carolina film plant. Celebrating its 50th anniversary last year, the facility has grown its footprint from 95,000 square-feet upon its inception to nearly one million square-feet today. The plant employs more than 500 workers engaged in the development, manufacturing and sales of a wide variety of specialty films used in industrial, packaging and electronics applications.
“Mitsubishi Polyester Film has been operating in South Carolina for more than five decades, and their continued commitment to our state is something we are extremely proud of. This $100 million investment to upgrade their existing facility is a tremendous win for Greenville County and for the state of South Carolina as a whole,” said Governor Nikki Haley.
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