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Knauf Insulation, Inc. Announces Expansion in Central Texas with Construction of a 600,000 Square-Foot Production Facility in McGregor

MCGREGOR, TX, September 22, 2021 – The Knauf Group (Iphofen, Germany) a family-owned business, today announced the
expansion of Knauf Insulation North America with a 600,000 square feet state-of-the-art facility to be constructed at the Industrial Park
in McGregor, Texas. Knauf Insulation is a leading global manufacturer of fiberglass insulation — delivering thermal and acoustical
solutions for residential, commercial, industrial and OEM applications.
“This is a great day for our employees, customers, vendors, shareholders, the citizens of McGregor, Texas, and the greater Waco
area,” said Knauf Insulation North America CEO Matt Parrish. “At Knauf Insulation, we are excited to expand our North American
manufacturing operations to McGregor, Texas. As part of a global, family-owned business, we believe the timing is right, and McGregor
is exactly the type of community where we desire to expand and partner for the future.”
“I am personally thrilled to be on the ground in McGregor leading this project,” said Knauf SVP Strategic Projects, Kevin McHugh.
“Watching this incredible facility rise from the Texas soil and become one of our industry’s leading production facilities worldwide will
be an incomparable experience. Hiring, training, and empowering people from Central Texas to carry out Knauf’s vision and the mission
of this facility will positively impact Central Texas for decades to come.”
In cooperation with the City of McGregor, McGregor Economic Development Corporation, Greater Waco Chamber of Commerce,
McGregor Independent School District as well as partners and community members across McLennan County, this facility will directly
employ 166 Knauf Associates who will be hired locally. Additionally, construction of this facility will create numerous jobs in the skilled
trades as well as opportunities for local businesses and service providers.
“Our city is delighted to welcome Knauf Insulation to Central Texas,” said McGregor Mayor James S. Hering. “After searching the
United States for the perfect community in which to build their production facility, I am proud that McGregor, Texas was identified as the
best home for their project. Our community welcomes the Knauf family and looks forward to celebrating our new ties for years to come.”
McGregor Economic Development Corporation Director Andrew Smith said, “McGregor is proud to welcome the Knauf family and
Knauf Insulation to our community. With exceptional plans for a robust production facility, Knauf Insulation will be an anchor in our
industrial park and provide jobs and opportunities for residents of McGregor and Central Texas for generations to come. Their presence
in McLennan County will positively impact this region and our city.”
McGregor Independent School District Superintendent James Lenamon had this to say about othe annoucement of McGregor’s
newest industry. “Knauf Insulation will not only be a great addition to our industrial park, but they will be incomparable community partners, as has been evident since my first meeting with their executive team. I am excited to watch their facility impact our school district’s
bold vision and look forward to our schools, in turn, training future leaders who will excel at Knauf’s production facility in McGregor.”
“The Greater Waco Chamber had the privilege of working with the Knauf family as they sought to find a home for their new production facility,” said Greater Waco Chamber SVP for Economic Development Kris Collins. “Securing a location in the McGregor Industrial Park will allow them to manufacture products that will offer solutions to the bustling construction industry in Texas and throughout
this region of the country. Their arrival will instantly impact the Greater Waco area, and we welcome them to Central Texas.”
While currently finalizing permits with the State of Texas and the City of McGregor, Knauf intends to break ground by the fourth
quarter of 2021.
Knauf Insulation North American is part of the Knauf Group AG, a family-owned global manufacturer of building materials based
in Iphofen, Germany. Knauf leverages the expertise of over 35,000 employees across 250 production facilities in 86 countries to generate annual revenue of more than $12 Billion. In North America, Knauf Insulation is a leading manufacturer of thermal and acoustical
fiberglass insulation for residential, commercial, industrial, OEM and metal building applications. Knauf’s mission is to challenge conventional thinking and create innovative solutions that shape the way we live and build in the future, with care for the people who make
them, the people who use them and the world we all depend on.
What others are saying:
“I am thrilled to welcome the Knauf family and this exciting project to McLennan County. This new production facility in the McGregor Industrial Park will provide jobs and opportunities for the great people in this region and make a positive, lasting impact on our
Central Texas community for years to come.”
Judge Scott Felton – McLennan County
“For generations, Texas State Technical College (TSTC) has trained and equipped workers to excel in industries throughout Central
Texas. We are excited to welcome Knauf Insulation to McGregor and know their presence will positively impact our communities. TSTC
looks forward to partnering with Knauf Insulation to meet the needs of their production team and to equip workers who will share in the
success of the Knauf facility into the future.” TSTC Provost Edgar Padilla

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