Roofing and waterproofing manufacturer GAF, part of the Standard Industries group, is to build a fifth polyisocyanurate insulation manufacturing plant, set for Peru, Ill.
GAF is buying more than 100 acres to house a 450,000-square-foot production facility for its EnergyGuard line of products. Construction is expected to begin in the third quarter of 2022, with production to start in 2024. It will employ more than 70 people.
"GAF's growth is fueled by a deep commitment to serving our customers with innovative products and outstanding service," GAF CEO Jim Schnepper said in a news release. "This investment in Peru is a clear demonstration of this commitment. Peru's proximity to our customer base, transportation infrastructure and access to outstanding manufacturing and engineering talent make it an ideal location for us to continue our growth."
The new plant will manufacture custom and tapered design polyiso insulation. It will also make composite polyiso insulation board, a new product area for GAF.
"This is an exciting time for our business and an important step toward meeting our goal of becoming the leader in the commercial roofing industry," said John Altmeyer, executive chairman, GAF Commercial Roofing.
This new plant will join the company's four existing polyiso operations. These are in Cedar City, Utah; Gainesville, Texas; Statesboro, Ga; and New Columbia, Pa.