COLDWATER, MI (WTVB) – SEKISUI Voltek, LLC announced on Monday they has received Board approval from its parent company, SEKISUI Chemical, LTD, to move forward with a $39 million investment to expand operations of the Coldwater manufacturing facility with the addition of a second plant.
The new plant will be built on a 20-acre parcel next to SEKISUI Voltek’s current facility. The project said to be in the final planning phases and a ground breaking is expected early next year. Final completion of the project is expected in 2024.
Production at the current plant will remain at full operation during construction.
Upon completion, it’s estimated the new plant will increase production capacity by 20 percent.
SEKISUI Voltek President and CEO, Neil Beckhusen says, “We are happy to share this exciting news with our customers and our community. We know the last few years have been trying with supply chain issues, increases in freight costs, and COVID-19. This expansion will bring new technology, state-of-the-art equipment, and additional automation so we can continue to provide excellent customer service, adhere to our strict quality and safety measures and expand the production of our innovative foam products.”
According to the company, this expansion will allow for about 20 new positions to be added to the 200 current team members.
Comments