Daikin America to Invest $195 Million at Alabama Site

Specifications:

Name:

Daikin America to Invest $195 Million at Alabama Site

Location:

Alabama, USA

Company:

Daikin America

Estimated Cost:

$195 Million

Source:

daikin-america.com

Introduction:

Daikin America, Inc. (DAI) is announcing an investment of up to $195 million to expand its Decatur, Alabama facilities. This expansion will add polymer production capability, associated monomer production, utility systems, infrastructure enhancements and R&D capabilities. Construction will begin in January 2020.

Features:

This expansion will utilize significant regional and local construction resources. DAI anticipates adding 50 full time positions over the next few years.

Among other things, the expansion will increase Daikin’s PTFE and melt resin polymer production capacity. With this expansion, DAI will introduce differentiated polymers used in high value applications. The capacity addition will permit Daikin to more effectively service customers worldwide.

Decatur Mayor Tab Bowling added, “Daikin continues to make a positive impact on our community by not only expanding their facility and creating new well-paying jobs, but truly being a great community partner throughout their 25-year history.”

DAI is headquartered in Orangeburg, New York. The company is a wholly-owned subsidiary of Daikin Industries, Ltd. of Osaka, Japan, which is one of the largest fluorochemical suppliers in the world. Daikin has been a world leader in the development, manufacture, and sales of fluoropolymers, fluoroelastomers, surface modification technology, and refrigerant gases since 1924. Daikin products are used in countless applications and products to achieve high performance, quality, and customer satisfaction.