Kopla plans Georgia compounding plant

By Frank Esposito
Senior Staff Reporter

Published: November 22, 2013 11:57 am ET
Updated: November 22, 2013 12:00 pm ET

Related to this story

Topics Automotive, Materials, Materials Suppliers, Compounding

South Korean materials firm Kopla Co. Ltd. will build a $15 million compounding plant in West Point, Ga., to supply the North American automotive market, including a nearby plant operated by Kia Motors Corp.

The 100,000-square-foot plant will employ 150, making compounds based on a variety of engineering resins, including nylons 6 and 6/6, polycarbonate and ABS. Kopla produces compounds including glass-fiber-reinforced, mineral-filled, impact-modified and flame-retardant grades.

In a Nov. 19 news release, Kopla President and CEO Sangyong Han said West Point “is a perfect location. …We look forward to becoming a part of this thriving industrial community in Georgia.”

Georgia Gov. Nathan Deal added in the release that state officials “are proud that Korea's presence in our state continues to grow.”

“Our booming automotive industry and key business resources create a perfect location for Kopla,” he said. “We have no doubt that this state-of-the-art automotive manufacturer will continue to succeed.”

Siheung, South Korea-based Kopla will have free access to the Georgia Quick Start workforce development program. The Columbus Chamber of Commerce will assist Kopla with the hiring process.

Kia’s West Point plant opened in 2009 and has annual production capacity of 360,000 vehicles, including the Sorento CUV and Optima mid-size sedan. Kia claims to have created 14,000 jobs in the area through its plant and related suppliers

In October, auto seat supplier Hyundai Dymos broke ground on a plant that will employ 350 in West Point. The West Point location is the first in the U.S. for Hyundai Dymos, which is based in Seosan, South Korea.


Comments

Kopla plans Georgia compounding plant

By Frank Esposito
Senior Staff Reporter

Published: November 22, 2013 11:57 am ET
Updated: November 22, 2013 12:00 pm ET

Post Your Comments


Back to story


More stories

Image

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Image

Resin Report November 2014

November 20, 2014 6:00 am ET

{"format":"PDF","Price":"75","Pages":"28","RecordType":"Pages"}    More

Image

High pressure RTM systems moving from Europe to Mexico

November 20, 2014 4:24 pm ET

Engel Holding GmbH's subsidiary in Mexico says it has sold the first high pressure resin transfer machine system (HP-RTM) in the Americas to a...    More

Image

Thomson Plastics opens N.C. plant

November 20, 2014 3:12 pm ET

Custom injection molder Thomson Plastics Inc. has opened a new manufacturing facility in Lexington, N.C.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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 Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events