Conduit extruder Dura-Line LLC is expanding again, building two new plants near Salt Lake City.
The $73 million project will create 62 jobs over five years, according to the Economic Development Corp. of Utah.
"We looked at several locations throughout the Western U.S. for this expansion, but with our long history of success with our North Salt Lake facility, it just made sense for Dura-Line to put down even deeper roots," said Dale Wilson, Dura-Line's vice president of sales and marketing, U.S. and Canada, in a Nov. 11 news release.
Dura-Line is eligible for state tax rebates of up to 15 percent over five years, according to the Utah Office of Economic Development.
"We look forward to seeing the continued growth of Dura-Line's operations across several Utah locations," said Theresa Foxley, president and CEO of EDCUtah.
The Knoxville, Tenn.-based company has 17 manufacturing facilities worldwide, including 12 in the United States and two in Canada. In September, Dura-Line announced plans to build a 150,000-square-foot plant in St. Albert, Alberta, to meet strong regional conduit demand.
With an estimated $500 million in North American pipe sales, Dura-Line ranks No. 10 among regional pipe, profile and tubing extruders, according to Plastics News data.
In Orbia's Oct 26 quarterly earnings report, Dura-Line reported sales of $368 million, a 35 percent increase from the same quarter in 2021. Earnings before interest, taxes, depreciation and amortization (EBITDA) were up 214 percent, to $104 million, in the same period.