Veka Expanding Operations
Vinyl extruder Veka Inc.is expanding its operations. The company was recently awarded nearly $200,000 in grants from the state of Pennsylvania to support expansion plans at its headquarters facility in Fombell, Pa. In addition, Veka has invested in new equipment to expand capacity at its Texas plant.
The Pennsylvania state funding will be used to help supplement costs for additional equipment, technological advancements and employee training. Veka plans to add 38 new positions as a result.
“There has been tremendous growth across the customer base at Veka in Fombell due to new and innovative energy saving products," says Joe Peilert, president and CEO. "The time was right to commit to capacity expansion."
In addition to expanding its corporate headquarters, the company is nearing completion of a project at its Veka South plant in Terrell, Texas, where it has expanded production capacity by installing an additional four extrusion lines, with plans to add a rail spur in the first quarter of next year.
The Texas plant also recently installed a new lamination line for Veka's Pinnacle laminate platform. The new line is designed to meet demand for color options that are becoming more appealing for the Southern market, officials report.
“With the meltdown of the housing market, 2007-2011 were very challenging years for Veka, our customers and our industry," Peilert notes. "Now, as the construction market is starting to rebound, based on our organizational strength, our stable and experienced team, as well as the strategic location of our four North American plants, we are emerging from the recession as a stronger company, prepared to support the growth of our customers.”