Saint-Gobain to Invest Over $400M in Expansions
According to a press release issued by French material designer and manufacturer Saint-Gobain last month, the company is planning to invest more than $400 million to expand production capabilities for its building materials.
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets.
As outlined in the press release, the company will be expanding its roofing, insulation and gypsum production capacities at four key manufacturing locations in the Southeastern United States and in California. In addition, the company plans to enrich other solutions for light and sustainable construction as well.
Not only are the new capacities slated to apply the best available techniques in industrial performance, safety and respect for the environment, but the combined investments will also reduce waste by more than 50% and CO2 emissions by more than 20%.
The new investments are reportedly in line with the company’s “Grow & Impact” plan, which is projected to strengthen the business’ leadership in North America and accelerate its growth in the region.
This strategy of responsible growth is guided by the Saint-Gobain purpose, “MAKING THE WORLD A BETTER HOME," which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.