Barrier film supplier Transcendia Inc. is investing $41 million to expand its Hebron, Ohio, factory, in part to target health care and food markets, according to local economic development officials.
A May 24 news release from the economic development group One Columbus said the company would create 36 jobs and add 52,000 square feet to its existing Hebron facility.
The company currently employs 90 at the plant, according to an announcement from JobsOhio, a statewide private economic development corporation.
Transcendia, which is based in Franklin Park, Ill., has 17 facilities in North America and Europe for extrusion coating, sheeting and film extrusion, specialized compounding and other operations.
The Hebron expansion will give the company additional barrier film manufacturing capacity in health care, food, beverage, industrial packaging and other markets, the agencies said.
"Investing in new production capabilities gives us more resources to serve our existing customers in new applications and pursue opportunities with new customers who utilize barrier films," said Tim Thompson, Transcendia's chief operating officer.
In 2017, an investment fund controlled by Goldman Sachs Group Inc. purchased Transcendia. The company ranked 21st in the most recent Plastics News listing of film and sheet manufacturers in North America, with an estimated $420 million in relevant sales.
Hiring for the new positions in Hebron will begin in 2022, according to the agencies.