Clopay spends $12.3 million on Kentucky expansion

Published: December 3, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet

MASON, OHIO (Dec. 3, 5:30 p.m. ET) — Film manufacturer Clopay Plastic Products Co. has completed a 62,000 square-foot, $12.3 million expansion at its Augusta, Ky., facility.

The expansion will allow the company to retain 290 full-time jobs at the now approximately 337,000 square-foot plant.

According to local reports, the expansion has been in the works for more than a year.

Company officials were not immediately available for comment.

Clopay, based in Mason, Ohio, manufactures specialty films and laminates for personal care, health care and industrial uses.

The company has approximately 1,500 employees and manufacturing facilities in Augusta, Nashville, Germany, Brazil, China and Turkey. It had sales of $563 million in 2012, according to SEC filings. It is No. 13 in the most recent Plastics News ranking of North American film and sheet manufacturers.

Clopay is a wholly-owned subsidiary of New York-based Griffon Corp.

The Kentucky Economic Development Finance Authority approved a $500,000 Economic Development Bond grant to the city of Augusta for the benefit of Clopay. Bracken County, Ky., officials also approved a $200,000 grant and city officials approved a $190,000 grant.


Comments

Clopay spends $12.3 million on Kentucky expansion

Published: December 3, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Teens put a cap on watery ketchup

September 30, 2014 1:57 pm ET

Whether you spell it ketchup or catsup, use it on burgers or fries, or prefer Heinz or Hunt's, there is one universal problem for the ages: That...    More

Image

Brown signs California's plastic bag ban into law

September 30, 2014 1:38 pm ET

Gov. Jerry Brown (D) made it official today: plastic bags are banned across the entire state of California.    More

Image

Amcor planning more growth in Asia

September 30, 2014 10:24 am ET

Flexible packaging firm Amcor Ltd. is rapidly expanding its presence in the Asian market. The company's top official in the region said it will soon...    More

Image

Uflex to build large flexible packaging plant in western India

September 30, 2014 10:01 am ET

Flexible packaging company Uflex Ltd. is planning a major new plant in the western Indian state of Gujarat.    More

Image

Malaysia's Scientex investing in PE, BOPP film capacity

September 30, 2014 9:51 am ET

Flexible packaging manufacturer Scientex Bhd, based in Malaysia, is planning investment of 300 million Malaysia ringgits ($91.4 million) over three ye...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events