Two companies announce expansions in Richmond

DAK Americas LLC, an Alpek Polyester Business, is expanding with a $32 million investment. The PET recycling company will also hire 30 new full-time employees with an average wage of $20.89 by the end of 2021.

Holland Colours Americas, Inc., a producer of colorants for the plastics industry, will expand operations by adding a new product line. The company plans to invest $1.66 million and create 20 new full-time jobs.