Silicone maker invests $500K in R&D facility
A manufacturer of silicone has announced plans to invest $500,000 in a new laboratory and development capabilities.
ICM Products of Cassopolis said it will add a new 2,300-square-foot research and development facility this year.
The new facility represents a “significant enhancement” in the company’s ability to solve customers’ issues by “creating custom solutions,” according to company officials.
ICM Products works with companies within the personal care, food, agriculture, automotive, printing, mold release, and household, institutional and industrial cleaning industries.
“It is a continuation of the investments we are making to support our customers globally,” said Levi Cottington, CEO of the ICM Silicones Group.
The company currently has manufacturing and warehouse space that spans 75,000 square feet.
ICM said existing equipment as well as new equipment will be housed in the new facility.
ICM Products also is adding to its staff as a result of the expansion. The company has hired additional chemists and lab technicians to work alongside its existing team.
The company said further improvements planned for 2016 will allow production to increase throughput, reduce cycle time, and tighten the specification range and reproducibility of all ICM’s product lines.
Pete LeBaron, vice president of technology at ICM Products, said the company would use its new resources to “push the technical boundaries” of its products and provide tangible benefits to the end user.
“We are constantly seeking ways to improve our lab and plant operations in order to develop new products faster and better serve our customers,” he said.