When the project is completed, it will include room for 30 more thermoplastic and LSR moulding machines as well as an enlarged class 8 clean room for its GW Silicones affiliate.
Riehl said it was fitting that the expansion will start this year, as this is the company’s 60th anniversary, having started business in 1955.
“The relationship we have with the state of Vermont has helped foster great collaboration between the private and public sectors and that will help us all,” he said.
The state has helped with incentives for training and expansion, and it is expected to create about 70 jobs over five years. GW Plastics employs more than 300 people in Vermont, and more than 1,000 worldwide.
The company is working to build a pipeline of talent for its Vermont facilities, according to Riehl. GW’s School of Tech program brings busloads of high school students to the company to learn about advanced manufacturing. The company also provides scholarships to Vermont Technical College and incentives for its workers to take courses at the college.
He credited GW’s growth with working with customers in the health-care, automotive safety and consumer/industrial markets.
In the last year, GW Plastics has completed expansions at three of its facilities: Bethel; Tucson, Arizizona; and Dongguan, China. The company also plans to expand its San Antonio, Texas, facility in 2016.
GW also has a facility in Queretaro, Mexico.