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Asahi Kasei Plastics to Open Alabama Manufacturing Facility
ATHENS, Ala.—Asahi Kasei Plastics North America Inc. has broken ground on a new manufacturing site for advanced thermoplastic compounds in Limestone County, Alabama. The Athens, Ala., facility will serve as a production and distribution hub for the company in the southern U.S., providing service to a number of the company's key segments in the region, including automotive, commercial seating, pool and spa, and electrical and electronics. The site is expected to be fully operational in the first quarter of 2016.
“This newest chapter of our North American operations is pivotal for our company.” said John Moyer, president of Asahi Kasei Plastics, in a company release. “As we continue on our path of growth, being located in the heart of the automotive hub of the south helps us open new doors with our innovative materials.”
Asahi Kasei Plastics (www.asahikaseiplastics.com) is a major international custom compounder of advanced engineered polymers and manufacturer of glass reinforced polypropylene. The company's diverse and customizable product portfolio enable it to provide unique engineering solutions for global markets.
“This represents a great new development in the partnership between Alabama and a global company with a history of innovation,” said Greg Canfield, secretary of the Alabama Department of Commerce, in the release. “Asahi Kasei's decision to add a second plant in the area and create up to 100 new jobs shows confidence in their Alabama partners and in the Alabama workforce. All the agencies that worked on this project as part of the Alabama team will continue to support the company to make this endeavor a success.”
In attendance at the groundbreaking ceremony last fall was Yuji Kobayashi, president of Asahi Kasei Chemicals Corporation. “The automotive industry has helped with the strong and sustained growth of our operations,” he said. “The strengthened state of the U.S. economy and the impact of North American shale gas present a distinct opportunity for additional investments from Asahi Kasei.”
“Asahi Kasei Plastics is a perfect example of the great teamwork and partnership on this project between the state, local government, county commission, economic development, resulting in a $30 million plant to our community,” said Ronnie Marks, mayor of Athens, Alabama. “This is a great opportunity to see growth, not only here, but throughout Limestone County. We are excited to have Asahi joining our community.
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