Deal: Manufacturer of thermoplastic elastomer to invest $15 million in Walton County
Gov. Nathan Deal today announced that Top Polymer Enterprise, a Chinese manufacturer of thermoplastic elastomer (TPE), will create 70 jobs and invest $15 million in a facility in Social Circle. New jobs will include positions in manufacturing and production.
“Georgia’s manufacturing sector continues to drive statewide investment by attracting industry leaders from around the world,” said Deal. “As the No. 1 state for business, Georgia has the highly skilled workforce, logistics infrastructure and low cost of doing business necessary to provide a strong foundation for Top Polymer’s continued growth. These resources will strengthen the company’s competitive edge in the global market as Top Polymer expands both in the U.S. and abroad. We look forward to this partnership with Top Polymer as the company invests in Social Circle and creates employment opportunities for our citizens.”
The manufacturing plant in Walton County will be Top Polymer’s first facility in the U.S. The first phase of the facility will be approximately 60,000 square feet with three compounding lines.
“This is an exceptional time for Top Polymer Enterprise and we are extremely excited to be part of the Social Circle community,” said Marcus Tsong, president of Top Polymer Holding Company. “We see our Social Circle facility as being the first key step to becoming an internationally recognized manufacturer and supplier of premier TPE system.”
Top Polymer exports to more than 30 countries and regions. The company currently has two production bases in China, located in Dongguan City, Guangdong Province and Liyang City, Jiangsu Province.
Georgia Department of Economic Development (GDEcD) Project Manager Nikki Yu represented the Global Commerce Division in partnership with GDEcD Director of China Initiatives Stella Xu, GDEcD Managing Director of Chinese Investment John Ling, Georgia Power, the Georgia Department of Labor and the Development Authority of Walton County.
“Walton County and the City of Social Circle are excited to welcome Top Polymer to our community and we are looking forward to a strong partnership with them,” said Shane Short, executive director of the Development Authority of Walton County. “This partnership could not happen without the great support from the team at the Georgia Department of Economic Development.”
“We are excited that Top Polymer chose Georgia for its first U.S. facility,” said GDEcD Commissioner Pat Wilson. “This announcement is a testament to our partnership approach to economic development, and I want to congratulate everyone involved.”
About Top Polymer
Top Polymer Enterprise Limited (Top Polymer Enterprise) is dedicated to developing and manufacturing thermoplastic elastomer, which are copolymers or a physical mix of polymers that consists of materials with both thermoplastic and elastomeric properties. Top Polymer is committed to meeting customers' requirements by supplying the best TPE solutions to customers, offering infinite imagination for design objectives. Hiring and employment searches are being conducted by Human Resource Dimensions (www.hrdracc.com) and Global Recruiters of Wilmington (www.grnwilmington.com).