Canadian blow molder Axium Plastics plans US$8.9M expansion to add 900,000 sq. ft. to its plant in New Albany, Ohio, will shift some production to New Albany from its plants in Mississauga, Ontario, and Atlanta

Andrew Rogers

Andrew Rogers

Dec 21, 2012 – Industry Intelligence Inc.

LOS ANGELES , December 21, 2012 () –

Mississauga, Ontario-based blow molder Axium Plastics LLC is planning a major expansion at its plant in New Albany, Ohio, and will shift some production there from its plants in Mississauga and Atlanta, reported Plastics News on Dec. 21.

The New Albany plant will be expanded with a new 900,000-square-foot addition, at a cost of US$8.9 million, said Scott McAfee, a spokesperson for the city of New Albany. The 110,000-sq.-ft. plant was built in 2011.

Employment at the plant will increase by 40 jobs with an estimated payroll of $1.2 million, said McAfee by phone. The plant’s workforce now totals about 130 people, Plastics News reported.

The plant is located in an area of New Albany that serves as a “personal care and beauty campus” and includes such packaging companies as Accell Inc. and VeePak Inc., which cater to similar customers, said McAfee.

Axium officials could not be reached for comment. The company produces rigid plastic containers that are sold to the personal care, cosmetics and food and automotive industries.

The city of New Albany has awarded Axium a 15-year, 100% property tax abatement for the expansion project. The company received the same benefits for its initial $16.2-million investment, Plastics News reported.

The primary source of this article is Plastics News, Akron, Ohio, on Dec. 21, 2012.

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.