Thermoplastics company Sekisui Polymer Innovations LLC (SPI) announced today the purchase of a third manufacturing facility in the United States. The new site is a 375,000-sq-ft facility on 56 acres in Bloomsburg, PA, located two miles from company headquarters. The other facility is the former Allen Extruders plant, which it purchased in 2007, in Holland, MI.
Parent company Sekisui Chemical joined together Allen Extruders and Kydex, a manufacturer of thermoplastic sheeting that it bought in 1990, to form SPI in 2014.
"This expansion is part of our commitment to further invest in the Kydex and Allen thermoplastic products portfolio," COO and President Ronn Cort explained in a news release. "It is one of the reasons we merged the two businesses. This is the next step of Sekisui Chemical's multi-year, multi-million dollar investment strategy into the North American plastics business.
"As an $11 billion global company, SEKISUI has choices of locations and industries in which to invest," Cort continued. "Strengthening our position in Pennsylvania is a direct reflection of our confidence in the North American plastics manufacturing renaissance. SPI is now well-positioned to make long-term investments in our customers, markets, employees, and communities while continuously improving our commitment to customer service, responsiveness, quality, innovation, design and color."
This purchase prepares SPI to expand product lines, production assets and development plans into other global growth markets, according to the company. The two other locations will continue to expand and operate 24/7 to support the ongoing growth of their customers and markets.
The company will continue to expand its designLab and FSTLab, a materials testing facility that it opened in May 2014, in response to increasing demand for customer collaboration early in the design process.