Westlake, Ohio — PVC compounder Geon Performance Solutions is adding capacity in Dyersburg, Tenn.
The Westlake-based company announced July 12 that it is adding a wire and cable flexible line in Dyersburg, Tenn., slated for full capacity by the end of the month.
The company also announced that it will convert one of its existing compounding lines in Dyersburg to PVC compounding. That conversion will be operational by the end of 2021.
According to the company, these expansions represent a significant diversification of Geon's compounding capabilities. The Dyersburg facility manages contract-tolling services for outside customers, and polypropylene production for the automotive industry. During the pandemic, it was idled for an extended period. The expansion is aimed at diversifying its markets to mitigate future impacts of market slowdowns.
These two lines represent an additional 120 million pounds of annual capacity.
"This capital investment in capacity and technology will expand our innovation capabilities across our PVC, polypropylene and plasticizer businesses, and provide us the ability to grow with best in class assets," CEO Tracy Garrison said in a news release.
In addition to these investments, Geon has added more than 20 million pounds of annualized capacity through Lean Six Sigma methodology, the company said.
Geon is owned by investment firm SK Capital Partners.