Thomasville, NC, August 30--Imaflex Inc., a Canadian plastics manufacturer will operate a 93,000-square-foot plant in Thomasville, North Carolina that was once owned by Tyco Plastics.
The company, founded in 1994, is based in Montreal and has 120 employees.
Imaflex uses an extrusion process to make polyethylene films for packaging materials for products such as electronic components, postal and general overwrap, food packaging and foam carpet underlay.
The company said it would make a $10 million investment in the Thomasville plant, as well as create 50 jobs over three years. The jobs will pay an average hourly wage between $13.75 and $15 an hour, which is above the average wage of $12.98 in Davidson County.
Imaflex will get $125,000 from the One North Carolina Fund, which represents a pool of money from which the governor can make cash grants to companies.
Imaflex will begin hiring in September. The company will have the plant operational by the end of this year and most of its work force hired by June.
