DuPont will spend $220 million to build new production assets at its specialty films plant in Circleville, Ohio.
The new assets will expand production of Kapton-brand polyimide film and Pyralux-brand flexible circuit materials to meet growing market demand in automotive, consumer electronics, telecom and defense, officials with Wilmington, Del.-based DuPont said in a March 8 news release.
The firm expects the new assets to be operational by 2021. DuPont expects to add 46 jobs at the site.
The investment "is a reflection of our strong commitment to our customers around the world," Jim Fahey, electronics and imaging president, said in the release. "Our new production assets will position us well to support the growing need across many sectors for our advanced high-reliability materials for innovations in areas such as 5G, automotive, flexible displays and artificial intelligence."
DuPont has made polyimide film for electronics and industrial applications at the Circleville plant for more than 60 years. The firm is also making infrastructure and personnel investments at its film plant in Taiwan to support growing customer needs.
DuPont merged with fellow plastics and chemicals giant Dow Chemical Co. in 2017 to create DowDuPont Inc. In early April, DowDuPont will split into a new Dow, a new DuPont and a third company named Corteva, which will focus on agricultural markets.
