Plans to Invest $45 Million to Expand Production Capacity to Meet Strong Business Growth
Wilmington, DE (PRWEB) - DuPont Transportation & Advanced Polymers (T&AP), a business unit of DowDuPont Specialty Products Division, today announced the purchase of a new facility in Newark, Delaware, to manufacture DuPont™ Kalrez®, a specialized engineered material used in a variety of sealing applications that require high-temperature performance and excellent chemical resistance.
The facility is twice the size of the current plant in Newark, and will be outfitted with state-of-the-art equipment and advanced manufacturing capabilities. Over the next two years, DuPont T&AP plans to invest approximately $45 million to increase manufacturing capacity and then transition production from the current site to the new facility. The new facility will allow manufacturing of Kalrez® perfluoroelastomer parts to expand in-line with the projected business growth and to better serve customers in the important semiconductor, electronics and industrial markets.
“We are extremely fortunate to have found a site that will allow us to invest for growth while retaining our highly skilled employees. Customers will be receiving the same high-performance parts as we progress through this expansion and transition. We also are pleased that our growth and investment plans are Delaware based as we’ve enjoyed a strong partnership with the state since we launched the Kalrez® business over 40 years ago,” said Randy Stone, president, T&AP.
About DuPont Transportation & Advanced Polymers
DuPont Transportation & Advanced Polymers (T&AP), a DowDuPont Specialty Products Division business, delivers a broad range of technology-based products and solutions to the transportation, electronics, industrial and consumer markets. T&AP partners with customers to drive innovation by utilizing its expertise and knowledge in polymer and materials science. T&AP works with customers throughout the value chain to enable material systems solutions for demanding applications and environments. For additional information, visit http://plastics.dupont.com.
About DowDuPont Specialty Products Division
DowDuPont Specialty Products, a division of DowDuPont (NYSE: DWDP), is a global innovation leader with technology-based materials, ingredients and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, building and construction, health and wellness, food and worker safety. DowDuPont intends to separate the Specialty Products Division into an independent, publicly traded company. More information can be found at http://www.dow-dupont.com.
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