Lord Corporation to invest in $80 million expansion 23rd May 2018
Lord Corporation has announced plans to expand and upgrade operations at its Saegertown, PA (USA) facility with an investment of $80 million over the next 5 years. The company plans to add various adhesive and coating product lines and provide overall modernization to the site.
Work will begin in May and continue through 2023, adding 75,000 square feet to the existing 250,000-sq.-ft. building on Lord’s 67-acre site. Lord employs more than 235 at this facility, which is the company’s largest specialty chemicals, adhesives and coatings manufacturing facility.
The site produces acrylic, urethane and epoxy adhesives as well as its Chemlok-branded rubber-to-substrate bonding adhesives, primarily serving the automotive/passenger car industry. Additionally, the plant produces specialty intermediate chemicals and coatings products that are supplied to customers around the world.
“Our Saegertown facility dates back to 1962, when we began with 15 employees and a 10,000-sq.-ft. facility,” Doug Lorenz, president of the firm’s global performance materials business, said in a statement. “As Lord continues to grow as a global company, we are excited to expand the Saegertown facility to keep pace with the growth and needs of our customers around the world.”