LINO LAKES, MINN. (July 18, 7:30 a.m. ET) — North American Composites is growing its presence in the Midwest U.S. by purchasing a 41,000-square-foot building in Mishawaka, Ind.
Lino Lakes, Minn.-based NAC will use the new building to serve customers in Ohio, Indiana, Michigan and Illinois, officials said in a July 17 news release. NAC plans to make numerous additions to the building, including more truck docks, a tanker unloading station, a fiberglass mat slitter and temperature controlled storage rooms for vinyl ester resins and gel coats.
The improvements are expected to be completed by September. No purchase price of the building or cost of the additions was included in the release.
NAC “will provide a complete channel to market for our supplier partners in one of the largest and most diverse composites markets in America,” NAC vice president and general manager Mark Brost said in the release.
NAC works with more than 150 raw material suppliers to serve manufacturers in the marine, cast polymers, corrosion, construction and consumer markets. The firm is a unit of Interplastic Corp., a supplier of thermoset resins and specialty chemicals based in St. Paul, Minn.