GAF, a Standard Industries company and roofing and waterproofing manufacturer, announced a commitment to build the company’s fifth polyisocyanurate (polyiso) insulation manufacturing plant in Peru, Illinois.
The company has signed an agreement to purchase more than 100 acres of land in Bureau County, Illinois, for the future home of a 450,000 square foot plant that will manufacture the company’s EnergyGuard line of products.
“GAF’s growth is fueled by a deep commitment to serving our customers with innovative products and outstanding service. This investment in Peru is a clear demonstration of this commitment,” said Jim Schnepper, CEO of GAF.
Construction is expected to break ground in the third quarter of this year with production beginning on the site in 2024. GAF expects to bring more than 70 advanced manufacturing and engineering jobs to the Peru community through this new plant.
“Peru’s proximity to our customer base, transportation infrastructure and access to outstanding manufacturing and engineering talent make it an ideal location for us to continue our growth,” said Schnepper.