WOONSOCKET – The Plastics Group of America has entered into an agreement to purchase the Jules Desurmont Worsted Mill in order to add 240,000 square feet of space to its operations, the company announced late Monday.
The mill is less than a mile from the company’s current manufacturing plant at 84 Fairmont St.
“This expansion will enable us to fill orders even more efficiently than we’re doing now,” said Bob Lebeaux, president of TPG. “It will provide our production personnel with more room to work and will enable us to store far more raw materials for immediate conversion into both our virgin and recycled Polifil resin products.”
The company expects to start restorations before the end of the month, according to representative Greg Czarnowski, and TPG expects the restoration process to add 25 to 40 temporary jobs to the Woonsocket economy.
“It also gives us a great deal of pleasure to be involved with the restoration of such a magnificent complex, especially returning it to its manufacturing roots as opposed to converting it to another use, a fate which has befallen far too many majestic buildings like these in recent years,” said Lebeaux.
The thermoplastic resin-maker is planning a staged restoration of the mill complex and expects to have the first floor finished by the fourth quarter of 2012.
The renovation should add at least 10 new full-time TPG manufacturing jobs, according to Czarnowski.