LORD Announces $80 Million Expansion Plans
Expansion work began in May and will take place through 2023.
LORD Corp. recently announced plans to expand and upgrade operations at its Saegertown, Pa., facility. With an anticipated $80 million investment over the next five years, the project will reportedly support future expansion across the company’s various adhesive and coating product lines, and it will provide overall modernization of the Saegertown facility.
“Following a rigorous national site selection process, the decision was made to expand and upgrade our existing Saegertown facility," said Ed Auslander, president and CEO. “The benefits of deepening our roots in the Saegertown community far outweighed the option of building a second site. Ultimately, the advantages offered by our existing Saegertown facility prevailed.”
Expansion work began in May and will take place through 2023, adding 75,000-sqft to the already existing 250,000-sqft building on the company’s 67-acre site in Saegertown. With more than 235 employees, the Saegertown facility is reportedly the company’s largest specialty chemicals, adhesives, and coatings manufacturing facility.
"Our LORD Saegertown facility dates back to 1962, when we began with 15 employees and a 10,000-sqft facility," said Doug Lorenz, president, performance materials global business. “As LORD continues to grow as a global company, we are excited to expand the Saegertown facility to keep pace with the growth and needs of our customers around the world.”
For more information, visit www.lord.com.