Cast Nylons expanding in Ohio

By Frank Esposito
Senior Staff Reporter

Published: February 20, 2014 2:31 pm ET
Updated: February 20, 2014 9:13 pm ET

Related to this story

Topics Materials, Materials Suppliers

Plastic shapes maker Cast Nylons Ltd. is looking to expand by acquiring a building near its headquarters site in Willoughby, Ohio.

The building is located across the street from the two buildings CNL already operates, according to an article in the Feb. 19 edition of the Lake County News-Herald. Willoughby City Council approved a municipal tax incentive agreement for the expansion on Feb. 18.

CNL is negotiating to buy the building, which previously housed an organic food supply store. The firm plans to add 25 jobs in the next three years and 35 in the next five years, due in part to new sales from Canada and Mexico, company officials said in the article.

The city previously approved a tax incentive for CNL in 2010. That expansion was expected to create 18 jobs, but eventually created 25.

CNL describes itself on the firm's website as "the premier producer of cast nylon in North America." The firm's products includes sheet, rods, tubular bars and custom-cast components sold under the Nycast trade name.


Comments

Cast Nylons expanding in Ohio

By Frank Esposito
Senior Staff Reporter

Published: February 20, 2014 2:31 pm ET
Updated: February 20, 2014 9:13 pm ET

Post Your Comments


Back to story


More stories

Image

Asia to remain chemical giant but US shale will bring competition

July 23, 2014 1:00 pm ET

A new IHS Chemical report on global spending for chemical production predicts capacity additions will peak in 2014 at $120 billion and then will...    More

Image

DuPont quarterly sales drop, income rises

July 23, 2014 12:46 pm ET

DuPont Co.'s sales and net income experienced slight changes for the second quarter 2014, as operating earnings dropped to $1.17 per share in the...    More

Image

Celanese to expand production in Brazil

July 23, 2014 11:15 am ET

Celanese Corp., the Irving, Texas-based chemicals and specialty materials company, has announced that it will expand its manufacturing capabilities...    More

Image

DSM planning North American nylon plant

July 22, 2014 11:41 am ET

Materials firm Royal DSM NV plans to build a new nylon resin plant in North America, but no decision has been made on the plant's exact location.    More

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer Mogilevkhimvolokn...    More

Market Reports

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

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

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

More Events