Plastics firms are joining an influx of new investments in Tennessee, with new plants and expanded capacity in injection molding, blow molding and foam parts.
The state is riding a wave of production increases, including auto suppliers setting up manufacturing. Volkswagen AG just launched production at a new assembly plant in Chattanooga, Nissan Motor Co. Ltd. is adding more lines at Smyrna and General Motors Co. is putting additional equipment at its Spring Hill plant.
During the last week of August, Tennessee officials announced a series of investments by plastics companies, with all of them targeting at least some work in the auto industry.
Injection molder NYX Inc., based in Livonia, Mich., said it will produce parts for a variety of automakers from a new $23 million plant in Linden, Tenn. The 175,000-square-foot plant will create 400 jobs within five years, Tennessee officials said in an Aug. 30 news release.
NYX already has another plant in Tennessee — its wholly owned subsidiary Bates LLC in Lobelville, which makes under-the-hood parts. The new site will add further production in the region with parts for a variety of automakers.
The company has a 10-year lease on an existing building for its new plant and will begin the hiring process in November for an expected production launch in early 2012.
Sekisui Plastics Corp., part of Sekisui Chemical Co. Ltd. of Tokyo, will spend $3 million on a plant in Mount Pleasant, Tenn., to manufacture plastic foam parts for auto safety components, such as energy absorbers. It will be the company's second plant in the city and will employ 25 people.
Toronto-based ABC Group Inc. is planning to spend $5 million to expand its blow molding facility in Gallatin, Tenn., adding 114 jobs, state officials said. The plant blow molds multilayer plastic fuel tanks and urea treatment systems for both automotive and non-automotive customers.