Saint-Gobain to Invest $235 Million in Palatka Facility for Gypsum Production Expansion and Modernization

Saint-Gobain to Invest $235 Million in Palatka Facility for Gypsum Production Expansion and Modernization

(IN BRIEF) Saint-Gobain North America has announced plans to invest $235 million in its CertainTeed gypsum manufacturing facility in Palatka, Florida. The investment will focus on expanding and modernizing the facility, increasing its production capacity and improving energy consumption. The project will involve the installation of new, energy-saving equipment and automation technology, including an ultra-low energy board dryer and a more efficient mill system. These upgrades are expected to significantly reduce energy consumption and make the Palatka facility one of the most efficient gypsum plants in North America. The investment aligns with Saint-Gobain’s “Grow & Impact” strategy, aiming to expand its presence in fast-growing markets, particularly in light construction and renovation in North America.

(PRESS RELEASE) COURBEVOIE, 7-Jul-2023 — /EuropaWire/ — Saint-Gobain North America announced plans to invest $235 million (approximately €215 million) over the next two years to expand and modernize its CertainTeed (exContinental Building Products) gypsum manufacturing facility in Palatka, Florida, more than doubling the production capacity of the existing manufacturing plant and improving its energy consumption.

The Palatka facility, which currently employs over 150 people, began operations in 2001 and is one of the largest gypsum plants in the southeastern United States. It is strategically located in the heart of one of the most dynamic areas in the country with access to natural gypsum.

Starting in the second half of 2025, this new production line will benefit from new, best in class energy-saving equipment and automation technology. The new ultra-low energy board dryer is expected to reduce the energy consumption by about 25%. The new mill system will be equipped with heat recovery technology and estimated to be about 40% more efficient than the existing mill; it will be among the most efficient systems of its type in North America.

This project comes as Saint-Gobain continues to implement its “Grow & Impact” strategy, which includes expanding its presence in fast growing markets. North America is a leading market for the Group with structural needs in light construction and renovation.

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose,
“MAKING THE WORLD A BETTER HOME”.

€51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,
visit www.saint-gobain.com and follow us on Twitter @saintgobain

Media Contact:

Analyst/ Investor relations:

Vivien Dardel: +33 1 88 54 29 77
Floriana Michalowska: +33 1 88 54 19 09
Alix Sicaud: +33 1 88 54 38 70
James Weston: +33 1 88 54 01 24

Press relations:

Patricia Marie: +33 1 88 54 26 83
Laure Bencheikh: +33 1 88 54 26 38
Flavio Bornancin-Tomasella: +33 1 88 54 27 96

SOURCE: Saint-Gobain

MORE ON SAINT-GOBAIN, ETC.:

Follow EuropaWire on Google News
EDITOR'S PICK:

Comments are closed.