Rockwood sites $115 million pigment operation in Georgia
- Published: Wednesday, 21 March 2012 12:33
- Written by CP Staff
The Color Pigments and Services business of Princeton, N.J.-based Rockwood Holdings Inc. will build an advanced technology production facility in Augusta, Ga.—the first new iron oxide pigment operation in the U.S. in 35 years.
“Rockwood is the only global iron oxide supplier with production capabilities in North America,” says Rockwood Performance Additives President Andrew Ross. “We are making this investment to deploy significant advancements in our proven pigment technology.”
“This facility enables us to consolidate our operations in the U.S., improve product quality and reduce our dependence on imported raw material for [pigment] production,” adds Rockwood Holdings Chairman Seifi Ghasemi. “It reflects our confidence in the future growth of the U.S. economy.”
Rockwood expects the $115 million facility to provide a consistent supply of the highest quality color pigments to North American customers, strengthen customer service, reduce lead times, and improve product development potential within the region. The company has targeted opening of the operation for the first half of 2013, projecting a payroll of 80 to 100. Following the completion of the Augusta line, Rockwood will close its St. Louis pigment operation and part of its Beltsville, Md., plant.