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

How CEO Santi is changing ITW

April 23, 2014 2:48 pm ET

Scott Santi is showing he can do more than just cut costs at Illinois Tool Works Inc.    More

Image

Pregis Corp. to get new owner

April 22, 2014 11:44 am ET

The private equity owner of Pregis Corp. is selling off its North American operations for an undisclosed sum.    More

Europe's bag use still expected to climb despite possible bag restrictions

April 22, 2014 9:29 am ET

Ceresana, a Germany-based research company, has released a report forecasting that by 2020 the sales volume of bags and sacks in Europe will reach 9....    More

DuPont: Asia's food packaging market at a major transition point

April 21, 2014 1:26 pm ET

DuPont Co. touted its packaging innovations and applications, and updated the firm's commercial status at a media event two days before the Chinaplas ...    More

Image

Savvy customers follow raw material prices as closely as processors

April 21, 2014 2:25 pm ET

Savvy customers closely follow the prices of raw materials. The result: in the film and sheet segment of the plastics industry, even if processors cou...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events