Grove City, Ohio — Auto parts injection molder and blow molder Tigerpoly Manufacturing Inc. plans to invest $10.7 million in its Grove City operations.
The plant is the Osaka, Japan-based company's only U.S. manufacturing site. The plans, disclosed Sept. 9, will add 105,000 square feet of space to the company's 32-year-old Grove City facility and create about 40 jobs.
The decision to expand in Ohio comes after considering several options, including expansion to southern states, the company said in a news release issued by JobsOhio. Grove City, located about 10 miles southwest of Columbus, Ohio, offers a number of advantages for Tigerpoly, including its proximity to Honda Manufacturing Inc., which operates three Ohio plants — in Marysville, East Liberty and Anna.
"Expanding in Grove City allows us to leverage our longstanding commitment to the Columbus region," Tim Vanover, Tigerpoly senior operations manager, said in the news release. "The Columbus region is already home to a robust automotive industry and friendly business climate, allowing us to remain in a cost-competitive market from both a geographical and labor perspective."
Tigerpoly Manufacturing ranked No. 92 on Plastics News' most recent survey of North American injection molders, with sales of $78 million. The company also ranked No. 55 in PN's blow molders survey, with estimated sales of $22.5 million.