Manufacturing News
November 12, 2026
November 12, 2026 · Posey County · Story 4 of 5
NexPoint Closes Alabama Plant, Makes Mount Vernon the Only Western Hemisphere Polycarbonate Producer
NexPoint Materials announced on November 4 that it will close its Burkville, Alabama polycarbonate plant, the largest PC facility in the Western Hemisphere at 36 percent of U.S. nameplate capacity, by the end of the first quarter of 2027, moving Lexan brand resin and compounding production to its Mount Vernon, Indiana site in Posey County. CEO Sanjay Mishra cited market share that no longer supports existing capacity and rising foreign competition. Spokesperson Amy Godfrey confirmed the Mount Vernon site, which employs about 500 people, is being assessed for added capacity, though no new job count has been disclosed. This is the North American chapter of a global polycarbonate rationalization: Trinseo already exited its German plant and Covestro is cutting lines in Antwerp, both responding to Chinese producers nearly doubling capacity and flipping China from importer to exporter of the resin. NexPoint's owner, Mutares SE, closed its $450 million purchase of the business just 90 days before this announcement, which makes a leaner, monopoly position Mount Vernon site a more saleable asset, not necessarily a long term commitment.
- Impact
- This is the North American chapter of a global PC rationalization wave: Trinseo already exited Stade, Germany and Covestro is cutting three of four lines at Antwerp, all responding to Chinese producers like Wanhua Chemical nearly doubling capacity to 4 million tonnes by 2025, flipping China from PC importer to exporter. The under-reported twist: NexPoint's owner, Mutares SE, runs an acquisition-to-exit playbook, and this closure came just 90 days after its $450 million purchase closed, meaning a leaner, monopoly-position Mount Vernon site is now a more saleable asset, not necessarily a permanent commitment.
- Watch
- The Burkville shutdown completing near the end of March 2027, and any signal of a Mutares sale process for NexPoint once the Mount Vernon consolidation is complete.
- For the huddle
As Mount Vernon becomes the sole Western Hemisphere source for Lexan PC resin, are our contracts with NexPoint (or any PC/PBT buyer relationships) locked in before that supply concentration starts moving price?
Check your NexPoint or broader PC and PBT buyer contracts now, before the Burkville shutdown completes near the end of March 2027, because a single source supplier has no competitive reason to hold pricing once the Alabama plant is gone.
Sources
- NexPoint Materials to close Burkville manufacturing site in 2027, move production to Indiana · wsfa.com
Earlier coverage
From the brief, November 12, 2026
- Caterpillar's $890 Million Lafayette Expansion Tax Abatement Passes With Zero New Jobs
- Toyota's $34 Million KEI-01 Line Lands in Princeton to Dodge a 25 Percent Tariff
- Governor Braun Ties the Toyota Deal to Japan Trade Diplomacy
- NexPoint Closes Alabama Plant, Makes Mount Vernon the Only Western Hemisphere Polycarbonate Producer
- Simtra Opens $250 Million Building H Expansion in Bloomington
This story
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