IKO breaks ground on new facility in Bismark
Ameren Missouri part of the team that attracted the company to the Show-Me State
IKO, a global leader in the manufacturing and supply of residential shingles, commercial roofing and waterproofing products, recently broke ground on a new granule facility for its subsidiary, Bismarck Granules, in Bismarck, Missouri. The company is investing over $120 million in the new 220,000 sq. ft. facility and creating more than 50 new jobs through the project. Bismarck Granules’ new facility will supply granules to IKO’s shingle plants across the country.
“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."
Ameren Missouri worked closely with several partners to attract Bismarck Granules to the Show-Me State and provided operational support to ensure the company's latest project had access to reliable and resilient energy. Those partners included Missouri Partnership, the City of Bismarck, St. Francois County, St. Francois County Industrial Development Authority, SEMO Regional Planning Commission and the Missouri Department of Economic Development.
“IKO’s significant expansion here in Missouri sends a powerful message to businesses looking for sites ready to power their growth,” said Tara Oglesby, vice president, energy solutions and business development for Ameren Missouri. “We’re committed to keeping our electric rates competitive while making strategic investments in reliability so that we are prepared for a wide variety of development across our service territory.”
A vertically integrated company, IKO operates more than 35 manufacturing plants throughout North America and Europe. The company plans to open the new facility in late 2026. To learn more about IKO, please visit the company's website at iko.com.