Kraiburg TPE Corporation has opened its newly constructed 70,000-square-foot building representing a $15 million investment and 20 new jobs off I-985, on Hamilton Mill Parkway, in the Hamilton Mill Business Park in Buford.
The manufacturer of thermoplastic elastomers, Kraiburg TPE has experienced strong growth over the past 10 years, tripling in size and revenue while expanding its business base. Headquartered in Waldkraiburg, Germany, the company’s existing Gwinnett operations serves as Kraiburg TPE’s primary regional manufacturing and customer support center. The new facility will focus on the production of existing products lines for automotive, consumer and industrial applications.
The facility was designed for three production lines and 75 personnel to start, with the capacity to double the square footage of its original size as needed. Long term, the future expansion will include enough space for the addition of up to five more production lines.
Informaiton: www.kraiburg-tpe.com.
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