IKO plans to establish a new quarry and granule production facility near Ironton, Mo. The $75 million project will see IKO establish both a quarry site and a roofing granule manufacturing and colouring plant in the area.
The new facility, which will employ about 50 in the region once in full operation, will be the third for IKO. The company currently operates granule facilities in Madoc, Ont., and Ashcroft, B.C. IKO expects to break ground on the site in 2022 and have it up and running in 2024. The project is the latest capital investment made by IKO to support its U.S. manufacturing operations.
