# Mar-Bal opens Altraset Composite Technologies compounding plant in Painesville, Ohio

Mar-Bal Inc. formally opened its new Altraset Composite Technologies production site in Painesville, Ohio, in August 2018. The 110,700-square-foot plant houses five mixing lines and 23 injection presses, with a total investment of about $15 million.

- Type: New facility
- Announced: 2019-02-18
- Where: Painesville, Ohio, United States
- Value: $15.0M
- Jobs: 130
- Starts operating: 16 Aug 2018
- Status: completed
- Products: thermoset compounds
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mar-Bal](https://endata.com/companies/37414.md)
- [Altraset Composite Technologies](https://endata.com/companies/37415.md)

## Sources

- [altraset.mar-bal.com](https://altraset.mar-bal.com/2019/02/18/altraset-composite-technologies-officially-opens/), 2019-02-18: "Starting Altraset was like the birth of a baby, and like with a child, you think of the potential of the facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.