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, United States, Materials Suppliers

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

RheTech to commercialize hemp fibers to replace glass in PP

November 27, 2014 6:00 am ET

RheTech Inc. plan to commercialize its first hemp fiber compounds in January.    More

Image

Market growing, but compounders say customers remain 'cautious'

November 27, 2014 6:00 am ET

Everywhere they've looked, North American compounders and concentrate makers have seen numbers on the rise in 2014.    More

Image

Large part molder EnviroTech in 'growth mode,' adds space, equipment

November 26, 2014 9:54 am ET

Salt Lake City-based EnviroTech Molded Products Inc. is adding new equipment and expanding its factory as it gains business in some of its...    More

Image

Americhem beats weather woes at start of 2014 for good fiscal year

November 26, 2014 9:45 am ET

Gains from the automotive and construction markets provided a strong fiscal 2014 for Americhem Inc.    More

Image

PE prices drop for first time in two years, PP down 5 cents

November 26, 2014 10:22 am ET

North American polyethylene buyers might want to circle November 2014 in red on their calendars — since PE prices this month have fallen for the...    More

Market Reports

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

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events