(Photo Credit: DuPont Co.)
America’s manufacturers are enjoying robust growth in 2018 as factory orders continue to grow, jobs continue to be created and manufacturing activity continues to expand at a historic rate. A surge of pro-growth policies and improving business climate are encouraging manufacturers to invest in the United States.
Industrial manufacturer DowDuPont announced this week that the company is planning a series of investments worth $100 million at its facility in Orange County, Texas, to modernize and expand manufacturing capacity:
DowDuPont announced today a plan to make a series of investments totaling approximately $100 million over the next two years to expand manufacturing capacity and to modernize facilities at the Sabine River Works (SRW) plant in Orange County, Texas.
The investments will incrementally expand production capacity to support global growth of specialty materials manufactured at the site, specifically the Surlyn®, Nucrel®, Fusabond® and Vamac® product lines. Additionally, the company is evaluating longer-term plans to invest in a new facility to further support market growth.
Though the company did not release how many jobs will be created from the investment, DowDuPont also noted that they are currently evaluating plans to build a new facility to support market growth. According to DowDuPont, the investment is designed to meet growing demand for “Surlyn®, Nucrel®, Fusabond® (P&SP) and Vamac® (T&AP) specialty materials used for applications in food packaging, transportation and consumer goods.”
The company employs nearly 100,000 workers. Last year, DowDuPont launched a massive chemical manufacturing facility in Freeport, Texas, with capacity to produce 2 million metric tons of ethylene a year.
Companies like DowDuPont are joining manufacturers across the country who have been investing in America at an incredible pace. The U.S. economy had 12.6 million manufacturing jobs in February, the highest level since 2008. Furthermore, there were 427,000 manufacturing job postings in January, only the fifth time since 2000 that the number has surpassed 400,000.
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