Closures molder Bericap Inc. is opening a third North American plant in Cherokee County, S.C.
Bericap will invest about $20 million in the project to construct a 90,000-square-foot building and equip it with injection molding machinery. The plant will be the first to locate in Cherokee County's Upstate Corporate Industrial Park, near Gaffney in northern South Carolina. Bericap, a subsidiary of Bericap Holding GmbH of Budenheim, Germany, targets an early 2008 start.
The company chose Cherokee County because it will make it possible to have one-day shipping in the Southeast, explained Bericap Inc. President Scott Ambrose in a telephone interview. Many Bericap customers are located in North Carolina and Florida and are not within easy driving distance of Bericap facilities in Burlington, Ontario, and in Orange, California.
As well, Bericap found state incentives were slightly better and property values are lower in South Carolina vs. neighboring states, Ambrose explained.
Bericap will start operating in Cherokee County with seven to nine injection presses from 300- 400 tons. A staff of 45 will open the plant. The operation will run around the clock, relying heavily on automation.
``The plant will employ the latest building design technology,'' noted Bericap Group Managing Director Gunter KrautkrÃ¤mer in a news release.
Ambrose said Bericap Inc.'s two other facilities have a total of 70 injection presses, mostly in the 150- to 300-ton range.
The new plant will do secondary operations like printing and assembly of two-piece closures. The site will be Bericap Group's third North American plant in 11 years. Bericap Inc. had sales of $90 million for the year ended June 30.