IKO, the Canadian roofing and waterproofing products manufacturer announced plans to open a new granule facility for its subsidiary, Bismarck Granules, in Bismarck, Mo.

“We're proud to see another leading manufacturer like IKO choosing to grow in Missouri,” Gov. Mike Parson said in a Jan. 8 news release. “This company's significant expansion in Bismarck speaks to our ability to support businesses through our state's strategic location, low costs, and skilled workforce.”

The company said it is investing more than $120 million in the new facility, which will supply granules to IKO's shingle plants across the U.S. It also plans to establish a quarry nearby to support the operation. Bismarck Granules is partnering with New Frontier Materials to secure feedstock for the process. Engineering firm Penta is also collaborating with the company on the project.

"We are tremendously excited to see this important project proceeding," said David Koschitzky, CEO of IKO North America. "It is the culmination of several years of effort … to finalize a facility that will play an essential role in supplying our US operations.”

IKO said that Bismarck Granules is set to create more than 50 new jobs in the region, strengthening the local economy. The company chose Bismarck for its highly skilled workforce, strategic central location, and excellent interstate connectivity.

Construction is underway, with plans to open in 2026.

Source: roofingcontractor.com