IKO, one of the largest manufacturers in the roofing, waterproofing and insulation industry, announced last Thursday plans to construct a new manufacturing facility in Brantford, Ontario, Canada.

The new $45 million site will manufacture extruded polystyrene insulation, will employ about 30 people in the Brantford area, and will serve IKO customers throughout Canada and the northeastern United States. 

In a Dec. 14 news release, the company said it anticipates breaking ground on the project in 2024, and the plant will be commissioned in 2025. IKO already operates polyISO manufacturing sites in Ontario and Alberta, Canada, and Maryland; the company said its Brantford XPS plant “will be the first of its kind” for the company.

"It's an exciting project for us as we will be able to expand our product offerings in a new direction for our customers," explained Yekutiel Koschitzky, XPS general manager and product innovation manager for IKO.

"IKO continues to invest in its business and technology at a level that exceeds its competition, and we're proud to continue to expand within Ontario as well," said Koschitzky. "The future for both IKO and the Canadian manufacturing sector is very bright."

The announcement of the Brantford facility follows the company's news of new facilities in South Carolina and Florida earlier this year.

For more information, visit iko.com.