January 2020 Group Watch: Ascend Performance Materials Announces Expansion
Ascend Performance Materials announced that it has finalized plans for a $175 million project to expand production capacity at its Decatur manufacturing facility and construct energy co-generation units at the site. The project will add 10 high-end manufacturing jobs to Houston-based Ascend’s Alabama workforce, which exceeds 400 people. The co-generation units will reduce emissions at the facility by 60 percent. In addition, the construction project at the Ascend facility, one of only four in the world that produces adiponitrile (ADN) on a large scale, will generate 150 skilled jobs by its completion. The construction is scheduled begin in the second quarter of 2020, with completion set for late 2021.
