WNA investing $21 million in Chattanooga plant

By Jennifer Kalish
Editorial Intern

Published: August 14, 2013 4:59 pm ET
Updated: August 14, 2013 5:01 pm ET

Related to this story

Topics Food service, Injection Molding, Thermoforming

WNA Inc., a maker of plastic cutlery and dinnerware, on Aug. 14 announced plans to invest $21.7 million in its Chattanooga, Tenn., facility.

The first phase will be the addition of a $6 million production line, which is scheduled for installation later this year.

The project will help create 53 jobs over the next three years and expand the facility’s manufacturing capacity, according to a company news release.

WNA, a division of Waddington Group Inc., operates six North American plants — in Covington, Ky.; Chelmsford, Mass.; City of Industry, Calif.; Lancaster, Texas; St. Laurent, Quebec; and Chattanooga. The firm employs between 1,200-1,400 and has annual sales of about $300 million, according to industry sources.

Waddington Group was acquired by Olympus Partners, a private equity based in Stamford, Conn., in October 2012. Waddington has since acquired Toronto-based Par-Pak Ltd, a thermoformed packaging company.

WNA ranked 61st in Plastics News’ most recent ranking of North American thermoformers.


Comments

WNA investing $21 million in Chattanooga plant

By Jennifer Kalish
Editorial Intern

Published: August 14, 2013 4:59 pm ET
Updated: August 14, 2013 5:01 pm ET

Post Your Comments


Back to story


More stories

Image

Baxter investing $300 million to expand dialyzers production in Alabama

August 29, 2014 12:53 pm ET

Baxter International, Inc. is expanding its Opelika, Ala. manufacturing location to boost production of dialyzers, a key component of hemodialysis...    More

Image

Obituary: Jerry Williams, Prism Plastics co-owner

August 29, 2014 8:50 am ET

Williams founded Prism Plastics with Rod Bricker and Gerry Phillips, after the three left Huron Plastics Group in 1999.    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Mission Plastics brings new automated work cell on line

August 26, 2014 4:17 pm ET

Custom injection molder Mission Plastics Inc. and a customer have created a $1.5-million automated work cell for a medical diagnostics product.    More

Image

Canadian thermoformer ICI gets new financial backing

August 26, 2014 3:11 pm ET

Innovative Composites International Inc. (ICI) will get a $1.5 million infusion in the form of a loan and equity funding to cover a corporate restruct...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

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

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

More Events