Mar-Bal, Inc., a Chagrin Falls, Ohio-based has recently purchased a manufacturing facility in Painesville, OH with best in class automation and manufacturing processes in BMC compounding and injection molding.
Mar-Bal, a leader in the thermoset composite industry serves the needs of original equipment manufacturers (OEMs) in the appliance, electrical, industrial and transportation industries by its engineering design, material formulation, compounding, molding and finishing services. Mar-Bal has expanded its business into the automotive and HVAC markets as well.
“Serving our customers in a newly renovated facility with best in class technology will provide our people with the tools required to be the global quality leader,” stated Scott Balogh, President, and CEO of Mar-Bal, Inc. “This Painesville facility positions us for future growth in our core manufacturing processes and is an important addition to our global manufacturing footprint. Our leaders in sales, marketing, and engineering are innovating new applications and developing new materials that will open new markets, which all leads to an expansion. This facility will have the best and safest working conditions in the company, and when completed, will be the best fully integrated BMC compounding and molding plant in the world,” further stated Balogh.
Collaborating with community leaders in the City of Painesville, Lake County, JobsOhio and Team NEO, Mar-Bal expects to double its workforce and invest approximately $15.0 million in the next five years. “Northeast Ohio has strength in materials across the entire value chain,” said Walt Good, Senior Director, Business Development for Team NEO. “This coupled with our talented workforce makes our region attractive for plastic injection molding companies.”
Mar-Bal, an ISO 9001:2008 Registered Company, serves from four facilities in North America, manufacturing plant in Taizhou, China and its Asia Sales Office located in Shanghai, China.