Building products manufacturer Quinn Therm UK Ltd. plans to construct a £67 million ($131 million) rigid polyurethane foam insulation plant in Newport, Wales.
The firm, part of Derrylin-based Quinn Group, is starting work on the 912,600-square-foot facility this summer and expects it to be operating early next year. The plant will include four continuous extrusion lines and will employ 340.
One of the new lines will make a sandwich material for roof insulations, a second will make wall panels, a third will produce flexible foam home insulation and the fourth will turn out phenolic board, according to Richard Maguire, Quinn's general manager for insulation and plastics packaging products.
The Quinn Therm unit will be located on a 40-acre site near Quinn Group's radiator manufacturing plant, set up in 2005, the company said.
The new plant is Quinn's second insulation facility. The first site, in Ballyconnell, Ireland, was launched in October 2004. That plant has just one line, making flexible foam insulation for homes and commercial buildings.
The company formerly specialized in polystyrene insulating products, but changes in European Union and Irish building regulations led to a shift to PU, Maguire said.
Liam McCaffruy, Quinn Group chief executive officer, said the company started to manufacture rigid PU insulation products three years ago. The products are used in insulating cavity walls, floors and roofs.
Newport was chosen as a suitable base from which to expand in the United Kingdom and mainland European markets. Rapid growth is forecast in the PU insulation products area following changes in Britain's building regulations, and with the European Union Energy Performance of Buildings Directive.
Quinn Group, formed in 1973, also owns sheet maker Quinn Plastics.