IKO has revealed plans to launch a new granule facility for its subsidiary, Bismarck Granules, in Bismarck, Missouri.
The company is investing more than US$120 million in the new facility, which will supply granules to UKO’s shingle plants across the United States. As part of the project, IKO plans to establish a new quarry nearby to support the facility. Engineering firm Penta is also collaborating with the company on the project.
“We’re proud to see another leading manufacturer like IKO choosing to grow in Missouri,” said former Missouri governor Mike Parson.
“This company’s significant expansion in Bismarck speaks to our ability to support businesses through our state’s strategic location, low costs, and skilled workforce. We congratulate IKO on its success and look forward to the positive impact it will provide for Missourians.”
Once the project is complete, Bismarck Granules will create 50 new jobs in the region. The new site will take advantage of Bismarck’s central location and its interstate connections.
“We are tremendously excited to see this important project proceeding,” IKO North America chief executive officer David Koschitzky said.
“It is the culmination of several years of effort by both our team and our partners to finalize a facility that will play an essential role in supplying our US operations.
“In addition to our team, our local partners at New Frontier Materials and Subhash Mohan and the group at PENTA Engineering Corporation, deserve a great deal of thanks for helping us get to the start of construction of this state-of-the-art facility.”
Construction of the new facility is already underway with plans to officially launch it in 2026.
“Missouri continues to be a top choice for innovative manufacturers like IKO,” Missouri Partnership chief executive officer Subash Alias said.
“Missouri has established itself as a premier destination for construction materials manufacturing, offering unmatched advantages like a skilled workforce, central location, and a business-friendly environment.
“We are proud to welcome IKO to the state, and we look forward to the opportunities this company will create for the Bismarck community and the region.”
