Business Magazine - October 2018

Page 41

LORD Corporation Headquarters: Cary, North Carolina NWPA Operations: Erie, Cambridge Springs and Saegertown 1-877-275-5673 (ASK LORD) www.lord.com

LORD Announces Growth Plan for Pennsylvania

Ed Auslander is the president and chief executive officer of LORD Corporation and is a member of its Board of Directors.

CO M PAN Y PR O FIL E In May, LORD Corporation celebrated the start of an expansion and modernization project at its Saegertown, Pennsylvania facility. Over the next five years, LORD will invest $80 million to help meet customer demand around the globe. LORD Corporation is a diversified technology and manufacturing company developing highly reliable adhesives, coatings, motion management devices and sensing technologies that significantly reduce risk and improve product performance. “We are reaching full production capacity. As LORD continues to grow as a global

company, we are excited to expand the Saegertown facility to keep pace with the growth and needs of our customers around the world,” says Doug Lorenz, president, Performance Materials. Expansion work will take place through 2023, adding 75,000-square-feet to the already existing 250,000-square-foot building on LORD’s 67-acre site. With more than 235 employees, Saegertown is LORD’s largest specialty chemicals, adhesives and coatings manufacturing facility. Primary elements of the project include

a new finished goods warehouse; a new structural adhesives building and added capacity; upgraded plant utilities, including wastewater handling; a new laboratory and improved office space. Global Reach Materials made at LORD’s Saegertown facility are used in the production of almost all passenger vehicles throughout the world. The facility produces a wide variety of LORD acrylic, urethane and epoxy adhesives, as well as Chemlok® rubber-tosubstrate adhesives. Additionally, the plant produces specialty intermediate chemicals and coatings products that are supplied to customers globally. Exceptional Workforce The strong employee base was at the heart of LORD’s decision to remain in Saegertown vs. building a new facility at sites in Alabama, New York or Ohio. “We chose to expand in Saegertown because of the talented and experienced team that already exists,” says Ed Auslander, LORD president and CEO. “These team members are essential to the overall success of LORD. The benefits of deepening our roots in the Saegertown community far outweighed the option of building a second site. Ultimately, the advantages offered by our existing Saegertown facility prevailed.”

mbabizmag.com • OCTOBER 2018

37


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.