Will create up to 27 new jobs
FRANKFORT Ky. (May 27, 2015) — Gov. Steve Beshear today announced Riken Elastomers Corporation plans to more than double its facility and workforce in Christian County.
Riken Elastomers, which produces high-performance plastic compounds for the automotive industry, is expected to create 27 jobs and invest more than $22 million into the project.
The Japanese-owned company plans to add more than 81,000-s.f. to its 88,000-s.f. facility on Riken Court, as well as new production lines. The expansion, which will be completed mid-2016, is needed to keep pace with growing demand.
Since 2007, Riken Elastomers manufactures high-performance plastic compounds primarily used in the automotive industry. Thermo Plastic Compounds are used in many applications. Compounds are mixtures of base resin with several different additives