Jay Industries Inc. is planning to expand its plastics plant in Mansfield, Ohio.
Tim Bowersock, Mansfield's economic development director, said in a July 15 telephone interview the expansion is an add-on to an existing facility. The injection molder and metal former received a loan from Ohio's Research and Development Invest- ment Loan Fund, he added.
Jay Industries officials were unavailable for comment. However, the Mansfield News Journal reported July 14 that the company plans to build an 8,392-square-foot addition by October to house new injection presses and vacuum metalizing equipment. The newspaper pegged the loan at $1.8 million and said the expansion will create 11-15 jobs.
According to the Ohio Department of Development website, such loans can finance up to 50 percent of a project's allowable costs, with loans ranging in size from $1 million to $5 million. Eligible businesses also can receive up to $150,000 annually in state tax credits.
On the plastics end of it, automotive is [Jay Industries'] primary customer, Bowersock said. This [addition] will help them get into the appliances industry in a cost-effective manner.
Whirlpool Corp. has factories in Marion and Clyde, Ohio, which could be supplied with parts from the Mansfield plant, he said.
Jay Industries, a family-owned company, runs 28 Engel, HPM and Husky injection presses with clamping forces of 150-660 tons, according to its website. The company can run thermoplastic and thermoset resins and its machines can handle shot sizes up to 64 ounces with mold heights up to 40 inches.
The company also has five Leybold DynaMet and PylonMet plastic metalization lines that were installed from 2002-09, as well as a conveyor system and post-metalization shuttle paint booth.
In April, Jay Industries and diversified manufacturer Cignys Inc. of Saginaw, Mich., announced a joint venture to offer vertically integrated manufacturing to their customers, which are original equipment manufacturers in the defense, aerospace, automotive and agricultural equipment markets.
Jay Industries traces its lineage back to 1917 when Glen Taylor formed Taylor Dise Co., which manufactured radiant gas heaters, according to its website. The company became Taylor Metal Products in 1928. Jay Plastics, the injection molding division, was created in 1968 by Dick Taylor, whose son, Rick, is president of Jay Industries.
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