Advanced materials manufacturer Mitsubishi Chemical Advanced Materials Inc. plans to expand its operations in Reading, Pennsylvania. The $20.3 million project is expected to create 42 jobs in Berks County.
The investment will include the renovation of the company’s existing facility, construction of an adjacent building, and installation of new machinery and equipment to increase production of specialty engineering thermoplastics and composite materials.
“This investment reflects Mitsubishi Chemical’s long-term commitment to Pennsylvania and expanding advanced manufacturing in the region,” said Daniel Barish, President of Mitsubishi Chemical Advanced Materials Inc., Americas. “By establishing a Center of Excellence for the extrusion of general and advanced engineering plastics, we are strengthening our innovation capabilities while creating high-quality jobs and new opportunities for local communities. We appreciate the partnership with the Commonwealth and look forward to contributing to sustained economic growth across the region.”…