Ipex has recently opened a state-of-the-art manufacturing facility in Pineville, investing $200 million into the 200,000-square-foot space. The plant is located at 10320 Rodney St. and currently employs 70 individuals with plans to hire an additional 80 workers by the end of 2024.

This new injection molding plant will significantly enhance Ipex’s production capabilities in the United States for plumbing, electrical, industrial, and municipal fittings. With over two decades of presence in Pineville and eight locations throughout North Carolina – including five manufacturing facilities and three distribution centers – Ipex continues to expand its operations.

In fact, just this year alone they have signed a lease for another distribution center spanning over 200,000 square feet at Creekside Commerce Center in southwest Charlotte. This growth has resulted in nearly creating jobs for almost seven hundred people within the region.

The article titled “$200M Charlotte Plastics Plant Opens Doors” was originally published on Connect CRE.