GEON Performance Solutions, a global leader in the formulation, development and manufacturing of performance polymer solutions, announced today plans for a $1.3 million expansion of its Ramos Arizpe, Coahuila, Mexico, site to add a production line and upgrade existing resources for polyolefin compound manufacturing.

"On the heels of our recent acquisition of Polymax, which expanded our portfolio to add thermoplastic elastomer (TPE) technology, we are excited to now announce the capacity expansion in Ramos Arizpe, Mexico," said Chief Commercial Officer, Wendy Herbst. "Both are key components of our strategy to expand our solution offerings geographically and within our markets."

The facility is ideally positioned to provide reliable, quality solutions to customers, including original equipment manufacturers and Level 1 and Level 2 suppliers. The expansion, expected to be completed this year, will add to the market more than 120 million pounds of capacity annually.

As one of GEON's four Technology Centers of Excellence, the Ramos Arizpe facility has in-house technical resources and integrates with the company's Global Solutions Center in Avon Lake, Ohio. Industry-leading innovators collaborate closely with customers to develop materials, applications and manufacturing plans that generate significant opportunities.

"Our investment in Ramos Arizpe was precipitated by our commitment to our customers," said CEO Tracy Garrison. "We anticipate strong growth in the central Mexico region and the addition of this manufacturing capacity should establish GEON as a partner that offers reduced cost solutions and geographical convenience."

For more information, contact Director of Marketing Grace Liu via email at grace.liu@geon.com or call +1 (216)-678-7099.

 

Source:accesswire.com

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