Sika Expands to Increase Production Capacity for Polyurethane
Sika Corp. has announced that it will invest $17.8 million over the next two
years to increase capacity for polyurethane sealant and adhesives production at
its headquarters facility in Lyndhurst, N.J.
According to William E. Loven, president and chief executive officer, the investments
will be made "to transform the factory into a focused polyurethane factory
with up to 100 percent more capacity. In addition, we will begin upgrading our
equipment in order to increase manufacturing efficiencies and reduce costs."
Loven adds that the company's existing powders and mortars manufacturing operations
in Lyndhurst will be moved to other Sika locations or to certain alliance partners.
High performance mortars and grouts still represent a large portion of Sika Construction
division sales. Such products are used in the repair and refurbishment of concrete
structures like building facades, interstate highways and bridge structures.