Eriez Magnetics has moved into its new 32,000 square foot addition at its Asbury Rd. manufacturing plant. The company will use the new space to create new and larger product lines, such as an airless metal recovery system for the recycling industry. Exports around the world, a strong US economy and the high price of metal and minerals has Eriez Magnetics business on the grow. The company hired 40 new employees in 2006, and will hire more in 2007. Currently the company employs 265 people. Last year Eriez did 109 million dollars in business.