In response to growing customer demand for metal replacement, PolyOne Corporation (NYSE: POL) is expanding capacity for its OnForce™ LFT long-fiber specialty thermoplastics. A new, dedicated specialty production line will be added at the company's existing Avon Lake, Ohio, production facility and will be fully operational by the end of February 2015.
PolyOne's robust glass- and carbon fiber-filled formulations retain aesthetic appeal in metal replacement and structural applications, while also offering higher stiffness, impact strength and surface finish than short-fiber filled materials.
"Demand continues to increase for lighter weight materials, and the products made from them. PolyOne has a proven track record of innovating and collaborating with our customers to develop specialty formulations that meet their specific performance needs," said Craig Nikrant, president, Global Specialty Engineered Materials, PolyOne Corporation. "This investment is aligned with current megatrends to better serve our customers in North America across several industries, including transportation, consumer, and oil and gas."
www.polyone.com
