Bismarck, North Dakota — According to state and local development sources, IKO plans to invest $120,000,000.00 to build out new space in Bismarck. The company plans to occupy the new space in Bismarck, on or about March 1, 2026. According to the company website The company was founded in 1951. It first manufactured building paper and then expanded to include coated roll roofing. Its first asphalt shingle was made in 1954, and the rest, as they say, is history. The company thrived and grew, first establishing itself in eastern Canada with the opening of the Brampton, Ontario, shingle plant in 1959. Success in Brampton led to further expansion, next into the European market with the construction of a shingle plant in Ham, Belgium, in 1972. Expansion continued in Canada, with the addition of a new facility in Hawkesbury, Ontario, in 1976. IKO entered the U.S. marketplace in 1979 through various acquisitions and has since expanded its presence by building new plants across North America. The most recent plants to open were in Hillsboro, Texas and Hagerstown, Maryland. In all of its plants, IKO implements a program of continuous improvement that includes updating equipment and refining systems and processes in order to maximize efficiency and productivity, reduce waste and enhance performance and safety. Today, more than 70 years after its founding, IKO has grown to be among the world’s largest exporters of asphalt shingles. IKO is now a worldwide enterprise with more than 3,500 employees and more than 35 manufacturing plants throughout North America and Europe. The company ships roofing products to 96 countries around the globe.

To learn more about IKO, visit http://www.iko.com/

Company Contact:
David Koschitzky, Chief Executive Officer
david.koschitzky@iko.com
https://www.linkedin.com/in/david-koschitzky-47601412/
888-456-7663

SOURCE: http://www.intelligence360.io
Copyright (c) 2025 SI360 Inc. All rights reserved.