NEWS RELEASE
Contact
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Chris Watts, MARC USA/Indianapolis Public
Relations
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Phone: 317.638.9158
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Fax: 317.632.0078
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OR
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Mike Lynam, Knauf Insulation
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Phone: 800.825.4434
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Fax: 317.398.3675
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Knauf Insulation announces manufacturing expansion for blowing
insulations
Insulation manufacturer will boost production in
blowing insulation, commercial/industrial, light density products
by 2008 in $222M overall expansion
(SHELBYVILLE, Ind., April 18, 2006) Knauf Insulation has
announced an expansion project at its Shelbyville, Indiana
operations that will expand production of its blowing insulations.
Knauf will invest approximately $45 million to modify an existing
manufacturing line in Shelbyville to increase capacity for its Jet
Stream blowing insulation and Perimeter Plus blown-in sidewall
insulation. This announcement comes as Knauf is in the midst of
another $177 million plant expansion in Shelbyville focused
primarily on its commercial and industrial products.
"This project means that Knauf will be
investing more than $222 million in manufacturing capacity over a
three year period," said Robert Claxton, Knauf's President. "This
comes on the heels of the opening of our Shasta Lake, California,
plant in 2002 that produces primarily building insulations. We
understand that supply is a key concern for our customers, and
we're moving aggressively to expand our capacity."
Knauf Insulation has built a reputation for premium quality
and easy handling. Knauf batts are preferred by the professional
contractor for low dust, superior recovery and quick installation,
and its Jet Stream Blowing Insulation for attics offers a faster
process speed with market leading coverage. Perimeter Plus, used
with the patented Blow-in-Blanket System (BIBS), offers the same
quality for sidewall or irregular cavities where a blown-in product
can deliver superior thermal and acoustical performance.
Demand for these high-quality products are bolstered by the
strong residential construction and remodeling markets.
"Even as residential construction levels off, it remains at
near-historic levels," continued Claxton. "At the same time, it's
estimated that there are more than 46 million under-insulated homes
in the U.S. That adds up to a tremendous market for our Jet Stream
and Perimeter Plus insulations."
The line modification will begin as Knauf continues with the
$177 million rebuilding and expansion of its other Shelbyville
facilities, announced in late 2004. This project, proceeding
according to schedule, involves the modernization of existing
equipment and adding new manufacturing lines to meet increasing
customer demand for commercial and industrial insulation products -
including duct and equipment insulations and uncured products - as
well as some light density insulations. The expansion will
encompass 400,000 square feet in warehousing and the removal and
rebuilding of an additional 400,000 sq. feet of production
space.
Knauf Insulation is a leading global manufacturer of thermal
and acoustical insulations for residential, commercial, industrial,
OEM and metal building applications. For more information about
Knauf sales and products, visit
http://www.knaufinsulation.com/,
write to Knauf Insulation, One Knauf Drive, Shelbyville, IN 46176
or call 800-825-4434.
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