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Area Development - Site Selection, Facility Planning and Workforce Development

IKO Plans Bismarck, Missouri, Operations

01/10/2025
Bismarck Granules, a subsidiary of IKO, a manufacturer and supplier of residential shingles, commercial roofing, and waterproofing products, plans to establish operations in Bismarck, Missouri. The more than $120 million project is expected to create more than 50 jobs.

The new facility will supply granules to IKO’s shingle plants across the U.S. Operations are scheduled to begin in 2026.

"We are tremendously excited to see this important project proceeding," said David Koschitzky, CEO of IKO North America. "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."

To support the project Bismarck Granules will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.

"IKO's new facility is exciting news for Bismarck and our state's ever-growing manufacturing industry," noted Michelle Hataway, Director of the Missouri Department of Economic Development. "Thank you for selecting our state to invest, create jobs, and help Missourians prosper."

Missouri Partnership worked with several partners to secure the project including: the City of Bismarck, St. Francois County, St. Francois County Industrial Development Authority, SEMO Regional Planning Commission, the Missouri Department of Economic Development, and Ameren.

"Missouri continues to be a top choice for innovative manufacturers like IKO," added Subash Alias, CEO of Missouri Partnership. "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."

IKO specializes in the roofing, waterproofing, and insulation industry for residential and commercial markets. The company currently operates more than 30 manufacturing facilities throughout North America and Europe.

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