Maca Plastics Inc., a Winchester, Ohio-based injection molder, plans to widen its base with a planned $7.9 million investment to open a facility in Maysville, Ky.
The company will renovate a 122,600-square-foot facility in Maysville and hopes to have operations going by the end of the year.
Currently, Maca operates in three different buildings in Winchester with a combined 30,000 square feet of space. It runs 10 injection molding machines, ranging from 50 to 550 tons.
“We have expanded quite rapidly here at Winchester. We've added two machines and added a full assembly division,” said Eric Thompson, vice president of sales and marketing.
The company expects to add up to 156 jobs. The Maysville site is about 30 miles south of Winchester. The new plant will give the company more capacity — new machinery is on order and will be installed by the end of the year.
Maca Plastics was spun off from aircraft supplier Aeroframe Corp. in 1995 to design and manufacture automotive and medical device components. Its work includes oxygen delivery systems, drug dispensing, orthopedics, peristaltic pumps, flow valves and forensic engineering of low-cost micro-processing systems used in medical equipment.
It also has production capabilities for automotive parts that combine circuit board electronics and molded plastic for engine ignition coils and door-mounted switches for windows. Toyota, Honda, General Motors and FCA's Jeep brand use its products.
The company worked with local and state officials and gained preliminary approval for up to $2.5 million in tax incentives from the Kentucky Economic Development Finance Authority. It can also gain another $33,000 through the Kentucky Enterprise Initiative Act to recoup sales and use taxes, and utilize the Kentucky Skills network to find and train workers.