Ohio toolmaker planning for new plant, additional equipment

By Rhoda Miel
News Editor

Published: May 21, 2013 12:54 pm ET
Updated: May 21, 2013 12:55 pm ET

Related to this story

Topics Molds/Tooling

DUBLIN, OHIO — Mold maker International Engineering Group LLC is launching an expansion in Hilliard, Ohio, that will allow it to add molding machines and service molds in addition to its current production.

The Ohio Tax Credit Authority approved a 40 percent, five-year tax credit for IEG on May 20 that will help in the creation of an additional $1.3 million in payroll for its expansion, the state said in a news release.

IEG plans to buy an existing building in Hilliard and move from nearby Dublin, Ohio, as part of its plans, the state said. The company also is considering additional growth within the southwestern United States to meet “significant orders” from the Texas region.

The company plans to create 27 full time jobs, state officials said.

IEG produces injection mold tooling for housewares, electronics and the appliance industries.


Comments

Ohio toolmaker planning for new plant, additional equipment

By Rhoda Miel
News Editor

Published: May 21, 2013 12:54 pm ET
Updated: May 21, 2013 12:55 pm ET

Post Your Comments


Back to story

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