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The 50th anniversary of Mitsubishi Polyester Film had corporate officials visiting from the Mitsubishi Plastics, Inc., the parent company in Japan.
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MTF, located at 2001 Hood Road, will grow to about one million square feet when the expansion is completed in 2017. The Greer plant is already the largest polyester film plant in the United States.
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Officials from the corporate headquarters in Japan visited the Greer plant at the 50th Anniversary celebration last year.
The announcement coincides with the 51st anniversary of the plant in Greer. MTF officials at the 50th anniversary celebration last year (Sept. 25) hinted the expansion announcement would be announced this month.
It was suggested the expansion would be vertical, much like the existing one-million-square foot facility. There was no confirmation of that in today’s announcement.
The investment will include the installation of a world-class polyester film production line, which will combine a high level of technology with production efficiency. Mitsubishi intends to use this line to support the growth of its business in both the U.S. and overseas markets.
The expansion is expected to be completed by the third quarter of 2017.
“Mitsubishi Plastics has once again demonstrated its commitment to our business, employees, our customers and the Greer community. This investment would not have been possible without the strong support of state, local and county officials,” stated Bill Radlein, President/COO Mitsubishi Polyester Film America.
“This expansion further enhances our ability to support our customers and markets with value added low cost solutions, while at the same time providing employment for the more than 500 families that depend on our business for their livelihood,” Radlein stated.
The plant, located at 2001 Hood Road, is the largest polyester film plant in the United States. It employs more than 500 workers engaged in the development, manufacturing and sales of a wide variety of specialty films used in industrial, packaging and electronics applications.
“The City of Greer has enjoyed an incredible relationship with Mitsubishi Polyester Film for a long, long time. We are truly grateful for their continued investment in the good health and the bright future of Greer,” Mayor Rick Danner stated.
Mitsubishi Polyester began construction in the summer of 1963 and hiring in 1964. About 100 employees were on site to start the 95,000-square-foot plant with two production lines. The first roll of polyester film was produced on Nov. 5, 1964 and products were microfilm and video film that have since gone away.
MPF, an Americas’ affiliate of Mitsubishi Plastics, Inc., offers a wide array of polyester films for existing markets such as industrial labels and liners, flexible packaging, and also for many of today’s new emerging markets in energy and electronics.
MPF, last year announced it employed more than 600 in a one million square-foot facility with 11 production lines manufacturing films and polymers on 190 acres. The plant recovers waste returning it into the manufacturing process.
“Mitsubishi Polyester Film is the perfect example of a working partnership between an organization and the community,” stated Greenville County Council Chairman Bob Taylor. “We pride ourselves on our ability to engage in these mutually-beneficial partnerships and Mitsubishi’s continued commitment to Greenville County demonstrates we are operating with a successful formula.”
“Mitsubishi Polyester Film has been operating in South Carolina for more than five decades, and their continued commitment to our state is something we are extremely proud of,” stated Gov. Nikki Haley