WINCHESTER, Va., Aug. 16, 2017 /PRNewswire/ -- On Wednesday, August 9, 2017, Kingspan Insulation LLC, a leading manufacturer in energy efficiency and moisture management products, celebrated the commissioning of its new XPS manufacturing line with a Ribbon Cutting Ceremony.
The $25 million expansion at the Winchester plant is a part of Kingspan's growth strategy for the North American market. The new XPS insulation line doubles the plant's manufacturing capacity of its GreenGuard insulation product range, and will allow Kingspan Insulation to continue to service current customers and expand into new products and market segments.
Kingspan Insulation also announced the purchase of an additional 7.3 acres of land adjacent to the current plant location, a $1.1 million investment.
"We would like to recognize the commitment and support we have received from the State of Virginia, Governor McAuliffe and his team, the Frederick County Board of Supervisors and the Frederick County Economic Development Authority. With the support of the state and local governing authorities, this significant investment in Kingspan Insulation has created advancement opportunities for our current employees as well as new jobs," said Ryan Sullivan, Managing Director of Kingspan Insulation North America. "I would also like to thank our staff for their time, energy and dedication to making the new XPS manufacturing line a reality. You have made a significant contribution to the company and to your community."
The Winchester plant was originally built in 1980, and has been through several expansions. In 2016, 74% of the total energy used in the Winchester plant came from renewable resources. In addition to economic and community development, Kingspan aims to be a sustainable business and announced earlier this year that its goal is to achieve net zero energy by 2020 in all its locations.
For more information visit www.kingspaninsulation.us
Kingspan Insulation LLC, headquartered in Atlanta, GA, is a leading manufacturer in energy efficiency and moisture management products, offering high-performance insulation, building wraps and pre-insulated HVAC ductwork.
Kingspan Insulation LLC is part of the Kingspan Group plc., one of Europe's leading construction product manufacturers. The Kingspan Group was formed in the late 1960s and is a publicly traded group of companies headquartered in Kingscourt, County Cavan, Ireland. Kingspan Group has manufacturing, distribution and commercial operations throughout Europe, North America, Australasia, the Middle East and other locations across the globe.
SOURCE Kingspan Insulation LLC