IGM Resins Shutting Down Charlotte Production Plant
July 5, 2023
Chemical company to close as part of a restructuring for economic reasons.
By Chemical Processing staff
A Dutch-based chemical company that makes coatings and adhesives is preparing to close its Charlotte, North Carolina, production facility as part of a restructuring and laying off 58 employees.
IGM Resins told the North Carolina Division of Workforce Solutions that an unspecified number of additional employees will be laid off at later dates. Its facility is located at 3300 Westinghouse Blvd. in the Griers Fork area of Charlotte.
IGM Resins was founded in 1999 as a chemicals trading company. Its other production facilities are in South America, Europe and Asia.
It makes inks and coatings for 3D printing, food packaging, electronics, optical coatings, and adhesives.
The company is owned by private equity firm Astorg Capital Partners.
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