Insulated building block firm sets up $6m plant in Oklahoma

By Frank Antosiewicz
Correspondent

Published: December 14, 2011 6:00 am ET

Related to this story

Topics Construction

ADA, OKLA. (Dec. 14, 2:15 p.m. ET) — PEI Worldwide Inc. plans to build composite insulating building blocks made of 85 percent recycled polystyrene and cement at a facility that it will open in Oklahoma by March.

“We’re jumping in with both feet. It’s taken us three years to get off the ground. Our first plant will be in Ada and we’re looking at others,” said Gifford Ludwigsen, president and CEO, in a telephone interview.

Ludwigsen, an architect, said he developed a technology and machinery to produce the Thura-Block material, which can stand up to earthquakes, floods and tornados. It is able to withstand winds of up to 260 miles an hour.

The company said its blocks will be able to reduce energy costs by up 50 percent when compared with traditional construction methods. They are competitive with traditional wood frame construction and can be installed in any weather.

He said that he looked in Texas, Iowa, Kansas and Oklahoma for sites for the manufacturing and that Oklahoma provided the right fit.

PEI partnered with the Ada Jobs Foundation, the city’s non-profit economic development arm, to gain Proposition 2 funds, according to a news release, and purchase a vacant building formerly used by Remington.

According to the agreement, PEI will invest more than $6 million in machinery. PEI plans to employ up to 75 people the first year with plans to expand to 275 within three years.

The city and PEI have entered into a performance agreement that provides Proposition 2 money for meeting certain employment goals each quarter.

“I am interested in taking care of the veterans, particularly all those returning from Iraq and Afghanistan,” Ludwigsen said.

The company will be also be partnering with East Central University’s Veterans Workforce Investment Program to hire employees for manufacturing, sales and installation positions.

Ludwigsen said PEI Worldwide’s headquarters is in Allen, Texas, and currently employs 9.

The Ada plant will make some other products that he will announce in the future. He said he is working on other ventures that would tailor the recipe for other uses such as insulating underground hot water pipes.


Comments

Insulated building block firm sets up $6m plant in Oklahoma

By Frank Antosiewicz
Correspondent

Published: December 14, 2011 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Nonresidential construction spending will expand in 2015

October 15, 2014 12:36 pm ET

Economist Bill Wood says data and forecasts pertaining to the residential construction and real estate sectors (housing starts, existing home sales,...    More

Image

Plastic pipe market predicted to hit double digit growth

October 10, 2014 2:24 pm ET

The plastic pipe industry will see double-digit growth over the next 10 years with global sales for manufacturers and the businesses supporting them...    More

Image

Austrotherm expands to Germany

October 10, 2014 10:09 am ET

Austrian heat insulation specialist Austrotherm GmbH recently launched its first materials production plant in Germany at the northern city of...    More

Image

Germany's Norma Group buys National Diversified Sales Inc.

October 8, 2014 3:09 pm ET

Norma Group SE, a German manufacturer of joining products for vehicles, appliances and plumbing systems, is acquiring California-based National...    More

Image

ACH Foam Technologies building second Wisconsin plant

October 7, 2014 4:06 pm ET

ACH Foam Technologies LLC will add a second facility in Fond du Lac, Wis., to manufacture expanded polystyrene for construction and packaging applicat...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events