Canadian molder Gracious Living eyes US facilities

By Michael Lauzon
Correspondent

Published: September 27, 2013 3:48 pm ET

Related to this story

Topics Housewares, Injection Molding, Furniture

Canadian housewares producer Gracious Living Corp. is looking to establish its first U.S. injection molding plant, according to New York Gov. Andrew Cuomo.

Gracious Living, based in Toronto, is considering buying two facilities in Buffalo, N.Y.’s port terminal. The Niagara Frontier Transportation Authority agreed to sell the facilities on 49½ acres for US$4.7 million. When the parties sign a disposition agreement, the company will have a 120-day due diligence period to conduct environmental and other tests on the site.

Cuomo announced Sept. 26 that the project could mean an investment in “tens of millions of dollars.” Gracious Living will qualify for $2 million in performance-based tax credits from the state. About 250 jobs could be created in a plant and warehouse.

Gracious Living runs an injection molding plant in Toronto with 78 injection molding presses ranging in size up to 3,000 tons of clamping force. It molds, imports and distributes proprietary products for leisure and recreational, home comfort, organization solutions, pet care and outdoor living, and carpets and electrical goods such as fans and heaters. Many of the products are plastic but some are metal or other materials. The molding operation also does custom molding.

The company is a subsidiary of Gracious Living Group. The group includes Gracious Living Innovations Inc., which operates a profile extrusion plant in Mississauga, Ontario, with 62 extrusion lines. Gracious Living Group bought the 142,000-square-foot Mississauga business in 2009 from CPI Plastics Group. The extrusion business includes Eon polystyrene railings and decking that overlap the sister company’s outdoor living sales.

The group also includes resin distributor Toronto-based GLM Polymers Inc., which mainly deals in polyolefins and regrind of a range of thermoplastics.

“The U.S. market is an important part of our growth plans and having a U.S.-based facility demonstrates our commitment to serving and growing our U.S. customer base,” noted Gracious Living Corp. President Enzo Macri in the governor’s news release.

Gracious Living Group moved to its current structure after minority owners of Royal Alliance, a housewares molder, bought out the 60 percent stake held by the former Royal Group Technologies Ltd. of Woodbridge, Ontario, in early 2006. Vinyl extrusion major Royal Group became involved in Royal Alliance in 1998.

Gracious Living Corp. officials were unavailable to elaborate on the firm’s plans.


Comments

Canadian molder Gracious Living eyes US facilities

By Michael Lauzon
Correspondent

Published: September 27, 2013 3:48 pm ET

Post Your Comments


Back to story


More stories

Image

Comar merging with Convergence Packaging

October 21, 2014 5:07 pm ET

A couple of plastic packaging companies owned by private investment firm Graham Partners are merging into a single entity.    More

Image

Bioplastics, design join forces for SOMA

October 21, 2014 11:33 am ET

A polylactic acid made by Germany's Fraunhofer UMSICHT is a key part of the Soma home water filtration system, which its developers call the...    More

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security...    More

Molder expands in France with new clean room

October 20, 2014 1:30 pm ET

Global Closure Systems (GCS), a global injection molding producer, showed off its new ISO 7 clean room at its Astra Plastique factory in France...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    More

Market Reports

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

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 analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

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

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