Akcros Chemicals breaks new ground.NEW BRUNSWICK New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. , N.J.--(BUSINESS WIRE)--July 10, 1996--Akcros Chemicals America broke ground for construction of a new plant to manufacture ultraviolet An invisible band of radiation at the upper end of the visible light spectrum. With wavelengths from 10 to 400 nm, ultraviolet starts at the end of visible light and ends at the beginning of X-rays. The primary source of ultraviolet light is the sun. and electron beam A stream of electrons, or electricity, that is directed towards a receiving object. See electron beam imaging and electron beam lithography. curing chemicals. The new plant will produce environmentally-friendly, solvent solvent, constituent of a solution that acts as a dissolving agent. In solutions of solids or gases in a liquid, the liquid is the solvent. In all other solutions (i.e. free industrial coatings An industrial coating is a paint or coating defined by its protective, rather than its aesthetic properties, although it can provide both. The most common use of industrial coatings is for corrosion control of steel or concrete. , inks and adhesives. The site, located in New Brunswick, represents a multi-million dollar investment in New Jersey and underscores the company's commitment to supporting American industry in its shift to UV and EB technology. Headquartered in Manchester, England, Akcros Chemicals has been involved in radiation cured chemicals for more than a decade. The U.S. operation in New Brunswick combines businesses that have been supplying North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. industry for over 60 years. "We've had excellent news lately regarding companies deciding to move or expand in our state," Commerce Commissioner Gualberto Medina, said. "I'm happy to add Akcros Chemicals to our growing list." The United Kingdom is New Jersey's fourth largest exporter, with just over $1 billion in sales. Exports to the United Kingdom were led by chemicals and allied products (nearly $184 million), industrial machinery and computers ($119 million) and instruments ($101 million). In foreign direct investment, New Jersey is fifth nationwide. In 1994, foreign investment grew significantly from $57 million in 1993 to $2.7 billion. In all, more than 1,300 foreign firms are located in New Jersey, with more than 130 companies from the United Kingdom. CONTACT: New Jersey Department of Commerce & Economic Development Lisa Kruse, 609/984-6677 |
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