SEMPERIT AKTIENGESEL

SEM
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31EUR +1.64%

Semperit Group Announces New Manufacturing Facility for Rubber Gaskets in the USA

06/15/2021 | 10:30am
Semperit Group will open a new manufacturing facility for rubber gaskets in the USA this autumn and relocate its current North America headquarters and distribution warehouse to Newnan, Georgia. The investment volume totals $9 million (approx. €7.4 million); the company plans to create 70 jobs. After one year of planning and site scouting, Semperit will relocate its current Americas headquarters from Stone Mountain, Georgia, to a new 150,000 square foot facility located in the Coweta Industrial Park in Newnan, Georgia. The facility, scheduled to open November 1, 2021, will include administrative space, production lines for building façade seals, window gaskets, road and bridge expansion joints among other sealing components, as well as increased warehousing and distribution capabilities for the entire sealant and conveyor belting portfolio. 70 new jobs will be created across production, distribution, sales, professional, and customer service. This investment in expanded manufacturing, warehousing and distribution capabilities signals long-term growth plans in supplying original equipment manufacturers, transportation, manufacturing, mining, raw materials and construction customers across North and South America.
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