Mafic Debuts First US Manufacturing Facility in NC
The advanced materials company plans to spend $15 million on a production plant near the western edge of the Charlotte metro area.
by Laura Calugar
The former Metrolina Plastics Inc. building in Shelby, N.C.
Shelby, N.C.—Advanced materials company Mafic USA LLC recently announced its plans to invest more than $15 million in a production facility near the western edge of the Charlotte metro area. The new plant will create 113 new jobs in Cleveland County and will add nearly $3.6 million in annual payroll impact to the local economy. Mafic will use $500,000 from the state’s Building Reuse Program and $225,000 from the One N.C. Fund.
Mafic is planning to purchase the former Metrolina Plastics Inc. building off U.S. Highway 74 on the west side of Shelby, N.C., according to Charlotte Business Journal. The 31,200-square-foot asset is located at 119 Metrolina Ave. The company’s new operations in Shelby will employ skilled operators, engineers, sales staff and other personnel.
“We considered a number of locations across the U.S. for our first American manufacturing facility. North Carolina and Cleveland County had been under consideration from the start, due to its network of specialized suppliers and wide-range of potential B2B customers and strategic partners. What sealed the deal for us was the multifaceted support from all levels of government; the state, county and city. In particular, the Cleveland County Economic Development Partnership went way beyond what was expected,” said Mafic CEO Mike Levine, in a prepared statement.
In addition to North Carolina Commerce and EDPNC, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, N.C. Rural Infrastructure Authority, Cleveland County, the City of Shelby, Duke Energy and the Cleveland County Economic Development Partnership.
Mafic USA is the U.S. unit of privately held Mafic Inc. Founded in 2012, the parent company is based in Ontario, Canada. Mafic products are shipped to buyers in the automotive, aerospace, alternative energy and other industries. The company currently produces its basalt fiber products in Ireland and its long fiber thermoplastic resins in Canada.
Image via Google Earth
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