Page 44 - Plastics News July 2026
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COMPANY NEWS
mount Avenue facility, building an adjacent engineering plastics and innovative composite
structure, and installing new machinery. The materials. Expansion plans include the construc-
Pennsylvania Department of Community and tion of an adjacent facility, and the installation
Economic Development is providing a $500,000 of new machinery and equipment. “The creation
grant to support the expansion. Local officials of 42 new jobs and retention of hundreds more
have praised the expansion as a vital step in strengthens our local economy and reinforces
strengthening the Commonwealth's advanced Reading as a place where industries can con-
manufacturing sector and stabilizing regional tinue to grow and succeed,” Mayor Eddie Morán
supply chains. said.
The company manufactures high-performance The new jobs will be created within the next
thermoplastics and composites for a wide range three years. The project also will retain 441 full-
of applications and industries, and specializes in time positions.
the production, processing and application of
48 PLASTICS NEWS July 2026
