Loparex, a specialist in release liner manufacturing, has officially broken ground on a coater expansion project at its Iowa City facility, Iowa.
The project will add additional solvent-based coating capability to the site, as well as being a ‘significant’ investment that boosts reliability at the plant and supports ‘continuous, dependable operation’ for customers.
Loparex CEO Rich Holder said, “[We have] a strong history in Iowa City and this expansion is a statement about the future of this site, and the customers and community we serve.
“We are committed to operating reliably, investing for the long term, and continuing to earn our customers’ trust.”
The expansion is part of Loparex’s broader three-year site investment plan of approximately $50 million in Iowa City, while this project will specifically increase the site’s solvent-based capabilities.
Steve McDowell, Director of the Iowa City site, said, “This groundbreaking reflects months of design, engineering and planning and a significant investment in boosting plant reliability and supporting continuous, dependable operations,.
“This exciting milestone is a chance to build on what we do best. I’m proud of the team and grateful for the collaboration that got us to this point.”
Loparex’s recently completed a strategic recapitalisation to strengthen the company’s financial foundation and support its ability to invest in manufacturing reliability and dependable customer supply.
