Jeda building new compounding plant in Iowa

By Frank Esposito
Senior Staff Reporter

Published: May 21, 2014 1:02 pm ET
Updated: May 23, 2014 11:52 am ET

Related to this story

Topics Materials, Materials Suppliers, United States

Jeda Compounding & Distribution Services Inc. plans to open a new compounding plant in Dyersville, Iowa.

Romeoville, Ill.-based Jeda — a compounder and distributor of engineering resins — has outgrown its plant in Decatur, Ill., co-owner and general manager Jeff Goodwin said in a recent article on the web site of TH Media in Dubuque, Iowa.

Goodwin added in the article that the Dyersville location would put Jeda closer to major customers such as John Deere and Sears Seating.

On May 19, Dyersville City Council approved a $545,000, 10-year tax credit package for the new Jeda plant, according to another TH media article. An additional article said that the firm will invest $3.2 million in the new plant – which will create 25 jobs over three years – and that Jeda also has received $120,000 in financial assistance from the Iowa Economic Development Authority Board.

Company officials could not be reached for comment. According to Jeda’s web site, the firm specializes in nylon resins — including 6, 6/6, 6/6/6 and 12 grades — as well as PBT and acetal. Other engineering resins handled by Jeda include ABS, polycarbonate and polyphenylene sulfide (PPS).


Comments

Jeda building new compounding plant in Iowa

By Frank Esposito
Senior Staff Reporter

Published: May 21, 2014 1:02 pm ET
Updated: May 23, 2014 11:52 am ET

Post Your Comments


Back to story


More stories

Image

Wright Plastic Products buys Tennessee auto supplier Hope Industries

March 4, 2015 3:51 pm ET

Michigan custom injection molder Wright Plastic Products Co. LLC has acquired Tennessee-based automotive supplier Hope Industries Inc., the companies ...    More

Image

Winter blasts ADS sales forecast

March 4, 2015 3:40 pm ET

Net sales forecasted for Advanced Drainage Systems are likely to slip as bad weather grips much of the United States into early March, delaying...    More

Image

Snow damages roof at Pactiv plant

March 4, 2015 2:39 pm ET

No injuries were reported after a roof buckled under the weight of snow and ice at a Pactiv Corp. facility in New York.    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Image

Best Places To Work: No. 7, CMD Corp.

March 4, 2015 12:27 pm ET

There's a lot of innovating going on at the No. 7 company on Plastics News' Best Places to Work ranking.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

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 billion 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

Upcoming Plastics News Events

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

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

More Events