MANSFIELD, Ga. (Jan. 11) — Beaver Manufacturing Co. will spend about $4 million to add a third plant and expand its operation in Mansfield.
The producer of textile reinforcing yarns for the hose industry has acquired 25 acres located about 1½ miles away from its current plants in downtown Mansfield, President William D. Loeble said. The new plant will include 40,000 square feet in manufacturing space. About 20 new jobs will be created.
Beaver hopes to have the factory up and operating at the end of the first quarter.
The expansion is needed to support the firm´s growing global business as well as increases in North America following the successful introduction of new compound specific treatments and advanced winding technology, Loeble said.