HEBRON, OHIO — With the conclusion of a $20 million investment project, Bayer Corp. of Pittsburgh officially opened Nov. 25 an expansion at its Hebron facility that increases compounding capacity 56 percent. Bayer added seven products to its compounding capabilities with the expansion, and 30 new jobs, H. Lee Noble said at a ceremony opening the facility. Noble is executive vice president of Bayer Corp. and president of Bayer's Polymer Division.
The plant now can compound more than 80 million pounds of thermoplastics a year. The expansion made the compounding facility the most elaborate in Bayer's worldwide organization, and the only one with the capacity to compound nylon, thermoplastic polyurethanes, polycarbonates, ABS, polyester, styrene acrylonitrile, styrene maleic anhydride, and blends of those resins.
Bayer added the styrenic resins to the facility's products in 1995, after it acquired Monsanto Co.'s styrenic polymers business. Noble said the Monsanto acquisition was a key factor in Bayer's decision to expand the facility.
In an interview before the opening ceremony, Noble said Bayer expects demand for its engineering TP resins to grow about 8 percent next year, and that growth could rise significantly if the general economy outperforms Bayer's predictions.
``We are looking at reasonable growth for 1997,'' he said.
The expansion, the fourth at the facility since it opened in 1979, included a 45,000-square-foot increase in manufacturing space, two new extrusion lines, an automated packaging system and a material staging area.