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

Report: Brands are falling short on packaging sustainability

January 29, 2015 5:19 pm ET

Packaging in general, and plastic packaging in particular, has a long way to go in terms of recycling, according to a pair of environmental groups.    More

Image

Profit dips at Bemis Co. Inc.

January 29, 2015 2:04 pm ET

Profit dipped for Bemis Co. Inc. for all of 2014, but were up during the fourth quarter in what the company's leader called a “pivotal year....    More

Image

Plastics News Now: Losing weight with style, plastics in the Dragons' Den

January 29, 2015 6:00 am ET

A 19-year-old entrepreneur brings business to a U.K. injection molder after winning support on TV's Dragons' Den, auto suppliers combine...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the...    More

M&A deals in packaging hit record

January 28, 2015 1:49 pm ET

It's good to be in packaging these days. More precisely, it's good to be in packaging and decide to sell or merge.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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