Plastic Manufacturer to Establish First North American Operation in Gaston County
Polykemi AB to invest $11 million in Gastonia
Raleigh, NC (STL.News) Polykemi AB, a Swedish manufacturer of plastic compounds, will create 22 new jobs in Gaston County, Governor Roy Cooper announced today. The company will invest $11.8 million to locate its first U.S. production facility in the Gastonia Technology Park.
“We are pleased to welcome another global manufacturer that has selected North Carolina for their North American operations,” said Governor Cooper. “Polykemi’s decision emphasizes our state’s world-class talent and affirms the strength of our economy in the global market.”
Polykemi AB, part of the Polykemi Group, has been providing custom plastic compounds for the automotive, furniture and household industries for more than 50 years. The plastic compounds are formulated into granules to be melted and injection molded for automotive components, household interiors and more. Polykemi is a third-generation family-owned company with sales offices worldwide and factories in Sweden and China, including a recycling operation and innovative packaging company. The new Gastonia manufacturing plant will be the company’s first North American operation and represents Polykemi’s single largest investment to date.
“Since creating our subsidiary Polykemi Inc.