Global roofing manufacturer will invest $363M in Chester County operations.
Position | IKO |
A roofing products company headquartered in Canada will invest $363 million in two manufacturing facilities in Chester County.
IKO will establish its first South Carolina operations with two facilities located less than one mile apart along the S.C. 9 industrial corridor in Chester County, according to a news release. The project will create an estimated 180 new jobs.
The company makes a broad range of products for commercial and residential roofing and waterproofing in addition to rigid insulations for roofing and walls, according to company material.
IKO plans to remodel an existing facility on Lancaster Highway to manufacture fiberglass while concurrently building a new 325,000-square-foot manufacturing plant on Cedarhurst Road to produce fiberglass mats for use in production at its U.S. shingle factories, according to the release. They will be IKO's first wholly owned glass and glass mat facilities in South Carolina.
"IKO is very pleased to be opening its first wholly-owned glass and glass mat facilities in South Carolina," said IKO's CEO David Koschitzy. "This is just the latest of many significant investments IKO has made to support a growing U.S. market presence."
IKO plans to remodel a fiberglass plant at 1497 Lancaster Highway that was previously opened in 1996 by PPG Industries and later purchased in 2017 by...
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