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 Economic Development News 
Friday, April 08 2016

Waco, TX -- Polyglass U.S.A., Inc. announces plans to establish a state-of-the-art manufacturing operation in Waco, Texas. Polyglass will invest $19 million in the 145,000-square-foot facility, located at 1701 Exchange, to produce modified bitumen roofing membrane. Employment will reach 45 full-time associates within the first three years of operation.

"Polyglass is excited to open its fifth American manufacturing facility in Waco," said Natalino Zanchetta, CEO of Polyglass U.S.A., Inc. "We chose Waco as our next location because of the outstanding support from the Greater Waco Chamber of Commerce, the centralized location and the pool of talented people in the surrounding communities."

The Polyglass roofing facility in Waco will produce a water-proof membrane system that is used for commercial and industrial roofing systems. It increases roof life expectancy, is environmentally friendly, energy efficient, UV-resistant and skid-resistant.

"Being centrally located, having adequate infrastructure and a strong workforce helps us to attract excellent companies like Polyglass," said Judge Scott Felton, McLennan County Judge. "The county looks forward to working with them and helping them expand to a larger company in the future."

"Our excitement about this project in Waco is through the roof," said Dale Fisseler, Waco City Manager.

City of Waco and McLennan County leadership have voted in favor of economic development incentives in support of Polyglass. The company will receive a grant from the Waco McLennan County Economic Development Corporation, as well as, tax abatement participation by the city and county.

Polyglass U.S.A., Inc. is an ISO 9001:2008 Certified, leading manufacturer of modified bitumen roof membranes and premium roof coatings and roof maintenance systems. Headquartered in Deerfield Beach, Fla., Polyglass has been in business since the 1960s with its origins in Europe. Since entering the American market in 1992, Polyglass U.S.A., Inc. has grown to having five manufacturing facilities located in Fernley, Nev.; Winter Haven, Fla.; Hazleton, Pa.; Phoenix, Ariz.; and Waco, Texas. Polyglass is a subsidiary of Mapei®, a global manufacturer of adhesives, sealants and chemical products for the building industry. For more information about Polyglass, please visit Polyglass.us.   

About Greater Waco:
Greater Waco is located in McLennan County, Texas along the Interstate 35 corridor and is home to more than 14,000 companies, 234,906 people and a regional workforce of approximately 320,000. To prepare and market the Greater Waco region for the businesses and jobs of the future, Greater Waco is strategically positioned with centralized access to Dallas and Austin (90 miles) and Houston and San Antonio (185 miles).
 
Since 2006, Greater Waco has seen more than $1.08 billion in new capital investments and $596 million in riverfront and downtown development, making it an attractive place to live, work and play. Greater Waco is landscaped with top-rated higher educational institutions, including Baylor University, McLennan Community College and Texas State Technical College Waco.
 
The Greater Waco Chamber leads economic development efforts for the area, targeting five key industries for growth, including: Advanced Manufacturing, Aerospace and Defense, Health Care, Professional and Financial Services and Supply Chain Management. For more information, visit WacoChamber.com.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:32 am   |  Permalink   |  Email

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