In a project expected to bring more than three dozen new jobs, Custom Resins Inc. plans to double the size its plant in Henderson and increase capacity with an investment of up to $12 million, Gov. Matt Bevin announced today.
Custom Resins produces specialty nylon resins used for molded parts including automotive components. The company plans to build a 100,000 square-foot addition to house up to eight compounding extruders and peripheral equipment. Construction could start later this year.
“These 40 new jobs being created by the Custom Resins expansion are a powerful boost to the local economy in Henderson County. Manufacturing jobs are the economic backbone of America, and we want the world to know that Kentucky is the perfect place to make quality products. Northwest Kentucky should be proud of maintaining a pro-jobs atmosphere that encouraged one of its long-time employers to expand,” Gov. Bevin said.
Custom Resins General Manager Herb Rawlings said Kentucky’s and the local region’s advantages of location, infrastructure, cost of energy and labor market played into the decision.
Sen. Dorsey Ridley, of Henderson said he is glad to see Custom Resins succeeding.
“I look forward to the expansion, especially because of the resulting new jobs. Our community welcomes this growth and is ready to fill any new positions with skilled workers,” Ridley said. “Custom Resins has been a good corporate partner and we look forward to building on that relationship as the company continues to grow and prosper.”