# Polykemi Inc. to build $11.8M plastics compounding plant in Gastonia, North Carolina

Polykemi Inc., part of the Polykemi Group, will purchase the Maistro Speculative Building in Gastonia Technology Park and invest $11.8 million to operate a plastics compounds production facility. The plant will create 22 new jobs and is the company's first North American operation.

- Type: New facility
- Announced: 2021-04-14
- Where: Gastonia, North Carolina, United States
- Value: $11.8M
- Jobs: 22
- Starts operating: Q2 2022
- Status: announced
- Capacity: 14 million pounds of compounded resin per year
- Products: plastic compounds, granules for injection molding
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polykemi Inc.](https://endata.com/companies/54446.md)
- [Polykemi Inc.](https://endata.com/companies/54446.md) (partner)

## Sources

- [gaston.org](https://www.gaston.org/news/2021/04/14/news/swedish-firm-to-purchase-the-maistro-speculative-building-in-the-gtp/), 2021-04-14: "Polykemi Inc. has agreed to purchase and make improvements to the 50,000 square foot Maistro Speculative Building."
- [commerce.nc.gov](https://www.commerce.nc.gov/news/press-releases/plastic-manufacturer-establish-first-north-american-operation-gaston-county), 2021-04-14: "Polykemi AB will create 22 new jobs in Gaston County."
- [waste-management-world.com](https://waste-management-world.com/artikel/polykemi-opens-own-plant-in-north-carolina/), 2021-05-04: "The new plant is geographically close to our existing customers, which gives us a clearer presence and even stronger customer relationships"

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