Gracious Living, a prominent Canadian manufacturer renowned for its proprietary and contract plastic products, has unveiled its latest venture a significant acquisition of an active injection molding operation located in Morgantown, Kentucky. This strategic expansion into the United States serves as a testament to Gracious Living's sustained growth trajectory. The newly acquired facility encompasses an expansive 160,000 square feet situated on 12 acres of land, conveniently positioned approximately an hour's drive north of the Nashville metropolitan area.

Bolstered by large-tonnage molding machines capable of accommodating up to 3000 tons, the facility caters to the burgeoning automotive sector. Ambitious plans are already in the pipeline to enhance the existing facility and introduce supplementary equipment that will bolster the growth of the automotive domain. This strategic maneuver not only diversifies Gracious Living's product portfolio but also paves the way for branded and custom-engineered offerings spanning consumer goods, construction materials, recreational items, and appliances.

As the facility reaches its full operational potential, Gracious Living anticipates the creation of 150 full-time job opportunities, thereby making a substantial contribution to the economic advancement of the region. Kentucky, with its strategic location and conducive environment, aligns seamlessly with the company's aspirations for expanding its foothold in the US market. This expansion not only underscores Gracious Living's commitment to existing clients but also opens doors to novel prospects for future growth within the US market.

Enzo Macri, President and Founder of Gracious Living, emphasized the company's storied journey since its inception in 1989. He remarked, "Our venture into Kentucky marks an exciting new chapter in our legacy. This move propels our long-term growth strategy and enables us to introduce Gracious Living products to fresh markets and customers."

Vito Galloro, Executive Vice President and Founder, echoed this sentiment, underscoring the strategic significance of the acquisition in both the US expansion plan and the diversification strategy for the product lineup. He highlighted the company's commitment to the Morgantown community by contributing to its economic vitality through the creation of new jobs and fostering a robust innovation agenda.

With a founding year of 1989, Gracious Living is a privately held Canadian enterprise boasting an impressive array of over 135 injection molding and profile extrusion machines. The company's vertical integration is complemented by robust recycling and material compounding capabilities, including an ISO 17000 compliant laboratory. Noteworthy among its offerings are proprietary plastic patio furniture, resin shelving, and household items, all of which enjoy wide distribution across major retailers throughout North America. Gracious Living's service spectrum extends to contract customers, encompassing product development, injection molding, profile extrusion, assembly, warehousing, and distribution.

 

Source: prnewswire.com

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