Israeli sheet producer Palram Industries Ltd. plans to add foamed PVC panel production to its U.S. business, according to a report from Israel.
Palram will invest $10 million to build a plant that would come on stream in early 2007, according to the Israeli newspaper Globes online. The facility would be built near the polycarbonate sheet factory in Kutztown, Pa., operated by Palram Americas Inc. Initial production will include flat PVC panels now made in Israel and the United Kingdom and corrugated PVC panels, some of which were debuted in the second half of 2005. Palram Industries touts the panels as replacements for wood in trim, moldings, windows, fence posts and other applications.
``The U.S. investment is part of our strategy to expand into the North American market and is designed to enable us to develop our Trimboard product line,'' Palram Chief Executive Officer Amos Netzer stated in the report. ``These are wood substitutes made from PVC and are aimed at the U.S. construction market.''
Officials with Palram Americas and its parent company based in Ramat Yohanan, Israel, were unavailable to provide more details on the project.
Late last year Palram Americas expanded its production capabilities in Kutztown to include the full range of Palram PC sheet products, from flat to multiwall to corrugated cross sections, Palram Industries stated on its Web site. A report in Plastics Distributor & Fabricator indicated the project was geared to adding flat, solid sheet to the operation's product mix.
Palram Americas last year also opened a warehouse in Monterrey, Mexico, to support the company's growth in Mexico's Home Depot stores, according to Palram.