FAR Chemical Expands Manufacturing Complex in Palm Bay, Florida
06/13/2019
FAR specializes in fine and specialty chemicals such as brominated compounds, organometallics, pyrophoric materials, and the distribution of trimethylchlorosilane. Strong demand for the complex specialty chemicals which FAR produces, which are used in end markets such as pharmaceuticals, coatings, adhesives, sealants, composites and flavors and fragrances, is driving the expansion.
In addition, FAR said it is benefitting from a focus on more secure, domestic supply chains for these raw materials, and recent investments by new ownership.
In 2018, FAR was acquired by CPS Performance Materials and merged with its specialty chemicals division, creating a larger company with broader reach. Capacity at the Palm Bay plant was increased by 40 percent in late 2018, with the further expansion adding specialized equipment and the personnel required to support a move to 24/7 operation.
"As we continue to build our Specialty Chemicals business, we will not only be expanding capacity, but also adding new capabilities necessary for the increasingly specialized needs of our customers," said Jeremy Steinfink CEO, of CPS Performance Materials. "This will include equipment to process higher volumes of halogenated and organometallic compounds and includes investments in scale-up equipment and new employees."
Joe Beatty, general manager of the FAR Chemical facility, added, "Over the next twelve months, we expect to increase the workforce at Palm Bay by over 50 percent. We're proud of our 35-year history of safe, responsible operations and look forward to building on this legacy."
Project Announcements
AeroVironment Plans Salt Lake City, Utah, Manufacturing Operations
02/15/2025
Amazon Plans Salina, Kansas, Distribution Operations
02/15/2025
Loukus Technologies Expands Calumet, Michigan, Operations
02/15/2025
Great Lakes Sound & Vibration Expands Franklin Township, Michigan, Operations
02/15/2025
Taiwan-Based Syntec Precision Technology Plans Henderson, North Carolina, Operations
02/15/2025
Key Tronic Plans Springdale, Arkansas, Manufacturing-R&D Operations
02/15/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024