IKO Breaks Ground on $45M XPS Facility

Contributed by BSM Staff

BRANFORD, ON -- IKO, a provider of roofing, waterproofing and insulation for residential and commercial markets, has officially broken ground on its new extruded polystyrene (XPS) insulation manufacturing facility in Brantford, Ontario.

The new 67,000 square-foot facility represents more than $45 million in investment and further advances IKO’s manufacturing capabilities across North America. While IKO currently operates polyISO insulation manufacturing facilities in Ontario, Alberta and Maryland, the Brantford facility will become the company’s first XPS insulation manufacturing plant.

Once operational, the facility is expected to employ approximately 40 people in the Brantford area and will support customers across Canada and the northeastern United States.

“As a company founded in Canada, it is especially meaningful for us to continue investing in Canadian manufacturing and communities,” said Yekutiel Koschitzky, XPS General Manager and Product Innovation Manager at IKO North America. “This new facility reflects IKO’s long-term vision for growth, innovation and operational strength across North America. Brantford is an ideal location for this investment due to its strong manufacturing workforce, strategic access to key transportation routes and proximity to important customer markets. We are proud to contribute to the region’s economic development while creating high-quality manufacturing jobs.”

The Brantford groundbreaking builds on recent strategic investments across North America, including the recent grand opening of a fiberglass manufacturing facility and glass mat plant in Chester County, South Carolina, as well as the upcoming opening of a new plant in Clay Hill, Florida later this month.

The Brantford XPS facility is expected to support growing demand for insulation products and further position IKO as a comprehensive building products manufacturer serving both residential and commercial markets.

Construction is currently underway, with additional project updates expected to be shared as development progresses.

IKO is a vertically integrated company with more than 35 manufacturing plants throughout North America and Europe. IKO is a family-owned business established in 1951.

For more, go to www.iko.com/na.