24 August 2012 23:34 [Source: ICIS news]
By Brian Ford
HOUSTON (ICIS)--The Royce Group will use its newly acquired manufacturing and warehousing site in South Carolina to produce dyes and eventually chemicals for the paper industry, the company president said on Friday.
Royce has acquired a 48,000 square foot (4,464 square meter) building on a 14 acre (5.67ha) parcel in Gaffney for more than $1m (€800,000) said president Harry Anand. Upgrades to the facility will allow the company to increase products and applications, the company said.
“We expect that the new facility will be fully operational by the end of this year and will add up to 25 additional employees as our business continues to expand in the southeast,” Anand said.
He added that when all of the upgrades and expansions are completed, the facility will cost a total $1.5m-1.7m.
He noted that the facility is near Spartanburg, a manufacturing site.
“This moves us closer to our customers and gives us the opportunity to add new core competencies,” Anand said.
Royce will move its liquid vat dyes (used for cotton) operation from Charlotte, North Carolina, to the Gaffney site, Anand said.
“We are currently doing in neighbourhood of 30,000 tonnes/year [in vat dyes production] and expect to take it up to 40,000 tonnes/year,” he said.
Royce will also bring in epoxy resins, curing agents and diluents to the site for warehousing, Anand said.
The company plans to install a laboratory and will be able to produce specialty blending for its epoxies customers, he added.
In the first quarter of 2013, Royce plans to build a 10,000 square foot extension at the site for the production of reducing agents for the paper industry, Anand said.
Royce is involved in the manufacturing and supply of industrial chemicals, colourants and plastics to the automotive, textile, plastics, aerospace, electronics, paper and construction industries.
($1 = €0.80)
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