Over the next three years, Unicor Group GmbH expects to invest $5.74 million in the plastics extrusion operations at its recently acquired plant in Cleveland, Tenn. That figure includes an undisclosed amount the company paid for the facility last year. The plant is the 12-year-old firm's first in the United States and its fifth overall.
Hassfurt, Germany-based Unicor Group will produce only corrugated tube of polyethylene, polypropylene and nylon in diameters ranging from one-quarter inch to 4 inches at the Cleveland operation, which will be known as Unicor Inc.
The company in Germany extrudes both tubing and pipe, and manufactures extrusion machines for making those products.
The firm plans to expand the operations of the Tennessee plant, which now employs 12, over the next three years to employ 100, said Unicor Inc. President Jeannie Hart, who also offered the investment figure.
Unicor began operations in this eastern Tennessee town in December, Hart said, after taking over and remodeling an existing building on a lot adjacent to the Cleveland-Bradley Industrial Park in July.
Unicor Inc.'s Cleveland operations will target the respiratory and anesthesia markets in the medical field and electrical cable protection for the fiber-optics industry, Hart said.
The company is developing a foaming process using both post-industrial and post-consumer PE to make plastic pipe, Hart said. Besides its several plastic extrusion lines, the plant eventually will manufacture the company's proprietary, five-layer, cross-linked PE and aluminum Unipipe brand extrusions, Hart said.
Part of the decision to move to Cleveland came from a City Council and Bradley County Commission-approved incentives package that defrays real and personal property taxes for 11 years or up to $191,750, whichever comes first.
Unicorp Group, founded in 1984 in Hassfurt, operates 35 extrusion lines in Hassfurt in two complexes. At both, Unicor manufactures extrusion machines and extrudes tube and pipe. The company has several lines that extrude Unipipe in Zella-Mehlls, Germany, and a brass and nickle-plated fittings manufacturing facility in Westheim.
The German parent also produces machines to make tubing and pipe with diameters ranging from one-eighth inch to 48 inches, and plans to manufacture a machine that will make a drainage pipe with a 5-foot diameter.