Gould Industries expands into the United States with the acquisition of a factory in Mississippi

Gould Industries Ltd., a Montreal-based manufacturer specializing in recycled plastics, has announced the acquisition of a manufacturing facility in Summit, Mississippi, for an undisclosed amount. This strategic move, revealed on June 18, 2026, marks the company's inaugural industrial presence in the United States and is a significant step in its long-term growth strategy aimed at expanding operations across North America.

The newly acquired facility spans over 100,000 square feet on six acres of land and is equipped to produce up to 80 million pounds of product annually while recycling 10 million pounds of plastic. This acquisition comes at a crucial time for Gould Industries, as its Montreal plant has reached full production capacity. The Mississippi facility will enable the company to scale its operations to better serve major retailers, including Costco and Home Depot, which operate across the U.S.-Canada border. By establishing a manufacturing base in the U.S., Gould Industries aims to enhance its service offerings and strengthen its competitive position in key North American markets.

Gould Industries has a long-standing history in the recycling sector, having been founded in 1954. The company is known for its expertise in private-label solutions and has a reputation for innovation, with its founder, Bert Gould, having invented machinery that remains in use today. The Summit facility is strategically located in a significant industrial corridor, allowing for efficient logistics and supply chain management. The facility will source its plastic exclusively from the U.S., aligning with the company's commitment to a continent-wide integrated circular economy.

The acquisition is expected to have positive implications for the local economy, securing and strengthening 150 jobs across its Mississippi and Montreal operations. Gould Industries plans to invest in modernizing the site and fostering a corporate culture that emphasizes employee engagement and community integration. This includes initiatives to enhance the workspace environment and create a mural that reflects the company's identity, further solidifying its commitment to the region.

The broader implications of this acquisition extend beyond Gould Industries itself. As companies increasingly focus on sustainability and local sourcing, the establishment of manufacturing facilities in the U.S. by Canadian firms underscores the ongoing integration of North American supply chains. This trend may encourage further investment in the region, fostering economic growth and job creation while reinforcing the importance of recycling and sustainable practices in manufacturing. As the market evolves, Gould Industries' expansion into the U.S. may serve as a model for other companies seeking to enhance their operational capabilities and market reach in a competitive landscape.