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Composites manufacturer Mar-Bal merged its AltraSet Composite Technologies company with Lattice Composites, expanding its composite technologies to include Lattice's customized epoxy chemistry systems. Lattice will move its equipment and staff to Mar-Bal's facility in Chagrin Falls, Ohio.
Mar-Bal acquired an adjacent 5-acre parcel from Painesville to build an expansion of between 20,000 and 35,000 square feet within the next three years, potentially adding 70-80 jobs.
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.
| Site | Largest | Latest |
|---|---|---|
| Painesville, United States | $15.0M | 2019-02-18 |