January 1, 2020
Chinese Vinyl Floor Maker Invests 26 Million in Georgia
Chinese Vinyl Floor Maker Invests 26 Million in Georgia
Greenview Floors International Invests $26 Million in manufacturing operation in Georgia
China-based GreenView Floors International Inc. has confirmed an investment of $26 million in a manufacturing operation for vinyl and laminate flooring in Adairsville, Ga, creating a total of 238 jobs. This will be the company’s first U.S. manufacturing site. They are a privately held company that specializes in vinyl and laminate flooring with 65 production lines headquartered in Nanjing, China. They serve residential and commercial flooring markets with luxury viny tile, wood-plastic composite, stone-plastic composites, and laminates offered in thousands of colors, patterns, and thicknesses. They offer such a variety of products that expanding into the U.S. and other markets is a very strategical move.
NJ MGM Chairman, Jason Liu says, "With a company mission of being dedicated to a greener environment and values persistent in business integrity, continuous improvement and customer satisfaction, we are eager to hire a world-class team in Adairsville. We are committed to long-term growth and hope to give back to both the community and the state of Georgia.” With this move, new markets can be served from Georgia’s skilled workforce and attractive logistics network.
To read more about this deal click here.
NJ MGM Chairman, Jason Liu says, "With a company mission of being dedicated to a greener environment and values persistent in business integrity, continuous improvement and customer satisfaction, we are eager to hire a world-class team in Adairsville. We are committed to long-term growth and hope to give back to both the community and the state of Georgia.” With this move, new markets can be served from Georgia’s skilled workforce and attractive logistics network.
To read more about this deal click here.
January 2, 2020
Pregis Invests $5 Million in New Film Line in Michigan
Pregis LLC are spending $5 Million on new film line
Pregis LLC are spending $5 million to purchase and install a fourth Windmoeller & Hoelscher blown film line that will add 4 million pounds of production capacity. Adding to this investment, Pregis is also leasing another 35,000 square feet at the grand rapids location for additional warehouse space. They feel that there are growing demands for high quality, consistent products. They have previously spent $32 million on their three W&H lines and production space back in 2016. Along with the W&H lines, the Grand Rapids location includes four other blown film extrusion lines and a laboratory.
"We are seeing increased demand for higher quality flexible packaging, e-commerce protective material and surface protection films. Our continued investment in this facility will help us meet market segment expectations for package performance and provide vertical integration for some of Pregis' other products," Tom Wetsch, chief innovation officer, said in a statement. They want to focus on creating customer inventory programs which will result in reduced lead times for converters serving the food, medical and industrial markets and more storage space allows for that. They typically plan for expansion 12 to 24 months in advance and need less than two months from installation to startup.
To read more about this expansion in the film industry click here.
"We are seeing increased demand for higher quality flexible packaging, e-commerce protective material and surface protection films. Our continued investment in this facility will help us meet market segment expectations for package performance and provide vertical integration for some of Pregis' other products," Tom Wetsch, chief innovation officer, said in a statement. They want to focus on creating customer inventory programs which will result in reduced lead times for converters serving the food, medical and industrial markets and more storage space allows for that. They typically plan for expansion 12 to 24 months in advance and need less than two months from installation to startup.
To read more about this expansion in the film industry click here.
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