Janesville company pondering expansion
JANESVILLE--A growing Janesville manufacturer will ask the Rock County Board for an option to buy five acres in case it needs to make a multimillion-dollar expansion that could lead to 70 new jobs in Janesville.
Josh Gray, president of GOEX Corp., said the company should be able to decide before the end of 2013 whether the company will proceed with the project.
GOEX is an industry leader in extruding a wide variety of resins into custom rigid plastic sheet and roll stock. The company employs about 130 people at its plant at 2532 Foster Ave.
In 1999, the company bought about 24 acres on the south side of Highway 14 at Newville Road. At the time, it had plans for a 50,000-square-foot extrusion plant that could use a railroad spur from a nearby Union Pacific line.
“Although we manufactured the product to the specification requested, the customer decided not to commercialize the product,” Gray said, adding that the project was ultimately scrapped.
GOEX has posted double-digit growth in each of the last 10 years.
The company is landlocked and is again considering options for expansion.
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