Firm’s expansion to bring industrial park to 100% occupancy five years after opening

A quick five years after opening, the Maize Industrial Park is going to be completely full thanks to Reiloy USA’s expansion plans there.

Reiloy, which specializes in component technology in the plastics industry, currently has a 54,000-square-foot building in the park with 68 employees.

The company is planning to spend more than $20 million on a new building and machinery. With the expansion, Reiloy also expects to hire 39 more employees in the next five years.

The new building will be on 13 acres near Reiloy’s current space in the park.

“This expansion brings additional sophisticated and proprietary equipment and technology that will benefit customers throughout North and South Americas,” Reiloy president Joe Piccini said in a statement. “We plan to begin construction on the new building in March and hiring of additional employees this spring.”

This story was originally published February 18, 2020 at 11:21 AM.