15 December 2015
DETAILS
Sika has opened a state-of-the-art new mortar products plant
in North America with huge market potential
in interior finishing in the fast-growing cities
on the US East Coast.
The new plant is an extension of Sika's
existing concrete admixture plant, the capacity of which
has also been increased.
Christoph Ganz,
Sika Regional Manager North America
"We are continuing the expansion that has taken place
in the past two years by investing in
Sika’s growth drivers such as mortars.
This means that we are expanding our supply chain, and
in parallel our sales force and marketing efforts.
The strengthening of our presence close to
the booming megacities will continue to be our focus in 2016.
We are planning to open two new plants in North America,
one of which will be in Canada, the other in the US.
This will allow us to generate further growth potential
both for our customers and for Sika."
SIKA WITH 18 MANUFACTURING SITES
IN NORTH AMERICA
The opening of its second new mortar plant
in North America in the last two years, in addition to
the acquisition in March 2015 of
the mortar products manufacturer and marketer
BMI Products of Northern California Inc.,
gives Sika a network of 18 manufacturing sites in North America.
Thus Sika is ideally positioned to take advantage of
the improved market conditions in the construction sector
in North America, which is benefiting from
growth drivers such as commercial and infrastructure projects
undertaken as part of the general urbanization megatrend.
Forecasts for the US construction market
predict an annual growth rate of 8% for 2015 and 10% for 2016.
CONTACT SIKA
Dominik Slappnig
Corporate Communications & Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com
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