DIRTT expands investment in US manufacturing to support future construction demand; announces opening of newest manufacturing facility in South Carolina

Rhea-AI Summary

DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT, TSX: DRT) has announced the opening of a new manufacturing plant in Rock Hill, South Carolina, with an investment of approximately $18.5 million. This facility spans 130,000 square feet and can be expanded to 260,000 square feet to meet increasing demand for customizable construction solutions. The new plant aims to enhance production efficiency, reduce shipping costs, and improve service for clients on the Eastern seaboard. Initially, it will employ 25 full-time workers.

Positive

• New Rock Hill plant enhances production capacity to meet growing demand.
• Investment of $18.5 million signals strong commitment to expansion and innovation.
• Facility will reduce shipping costs and transport times for clients on the East Coast.
• Utilization of advanced automation and robotics streamlines manufacturing processes.

Negative

• None.

CALGARY, Alberta, June 08, 2021 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (NASDAQ: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, announces the opening of their newest manufacturing plant located in Rock Hill, within York County, South Carolina. The company’s other manufacturing facilities are located in Phoenix, Arizona, Savannah, Georgia, and Calgary, Alberta, serving clients across the United States and Canada.

As North America emerges from the pandemic, businesses are re-activating and accelerating new and previously paused construction projects, demanding more adaptability and resiliency from the built environment. The addition of DIRTT’s Rock Hill plant further enables businesses to rapidly design, build and update their environments. Click here to see a video.

“Organizations need their spaces built and operational quickly, and with minimal disruptions,” says Kevin O’Meara, DIRTT’s CEO. “Reducing risk around schedule, budget and resource availability, and the ability to scale quickly are key factors driving construction decisions today. Our state-of-the-art Rock Hill facility allows us to meet customers’ growing needs, with additional capacity by leveraging the latest in automation and robotics.”

An approximate $18.5 million investment, the Rock Hill plant operates in a leased, custom-built 130,000 square foot building and is expandable to 260,000 square feet to support future growth. The plant is designed to maximize manufacturing of wall tiles, a key component of DIRTT’s construction system. “Increased precision, faster production times, and reduced waste all come with a customer benefit,” says Jeff Calkins, Chief Operating Officer at DIRTT. “Innovations like the technology we are using at Rock Hill, dramatically reduce the time it takes to manufacture our solutions. As one example, a paint color changeover on a wall tile that used to take 45 minutes, now takes less than five. We believe our production system at Rock Hill is unique to the industry.”

The new location also reduces shipping costs and transport times for customers located on the Eastern seaboard. DIRTT chose the Rock Hill location because it offers improved service to the Southeastern United States by balancing production facilities in Western Canada. Its proximity to Charlotte also allows for customers to visit the location as part of their experience. The plant will initially employ 25 permanent, full-time employees.

"We are proud to have DIRTT in our community and to have them take full advantage of our strategic location within the growing Southeastern marketplace,” shared Christi Cox, Chairwoman for York County Council.  "To see another internationally owned manufacturing operation doing so well is exciting. Congratulations to the DIRTT team on the completion of their Rock Hill facility.  We are thankful for their investment and the creation of good jobs they provide to our citizens."

About DIRTT: DIRTT is a building process powered by technology. DIRTT uses proprietary 3D software to help design, manufacture and install fully customized interior environments. This same software provides clients with certainty around cost, schedule and the outcome. With modular components and a streamlined construction process, complete interior spaces are constructed faster, cleaner and more sustainably. The Company works with distribution partners throughout North America. DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT”. 

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/222705c3-740c-44e6-ac51-76e1c4b0f52c

https://www.globenewswire.com/NewsRoom/AttachmentNg/29810078-592b-421f-b80a-9a1c5a45e053

https://www.globenewswire.com/NewsRoom/AttachmentNg/60ef3dd1-41a3-4194-8aab-c37943c5616c

FAQ

What is the significance of DIRTT's new plant in Rock Hill, South Carolina?

The new plant enhances DIRTT's production capacity and reduces shipping costs for clients on the Eastern seaboard, supporting business growth as demand for construction solutions increases.

How much did DIRTT invest in the new Rock Hill manufacturing facility?

DIRTT invested approximately $18.5 million in the new Rock Hill manufacturing facility.

What are the dimensions of DIRTT's new manufacturing plant in Rock Hill?

The new plant in Rock Hill spans 130,000 square feet and can be expanded to 260,000 square feet.

How many employees will be hired at DIRTT's new Rock Hill facility?

The Rock Hill facility will initially employ 25 permanent, full-time employees.