Peak Nano Invests $20 Million to Expand Capacitor Film Production in Macedonia, Ohio

Peak Nano will expand production of its NanoPlex HDC capacitor film 20-fold at its Macedonia, Ohio facility, moving the nanolayer dielectric film from early production to full commercial scale. A new Davis-Standard cast film line will add up to 3 million pounds of annual capacity when it reaches full production in the first quarter of 2028. The company is investing $20 million in equipment, facilities and staffing.

The new line will be the first film extrusion line at Roll & Hold, Peak Nano’s Macedonia facility, and will produce mono-, multi- and nanolayered films, scaling up from a Davis-Standard cast nanolayer line commissioned in 2022. Peak Nano said it is hiring now and will host a job fair on November 21 at its Valley View, Ohio facility to fill more than 15 immediate openings for extrusion and inspection technicians across three shifts, with further expansion planned in 2027.

Jim Welsh, CEO of Peak Nano said:

“We have breakthrough technology. Now we are building the capacity to let the world see it. Northeast Ohio has been building America’s polymer industry for more than a century. Expanding NanoPlex production 20-fold in Macedonia is new growth for Ohio, and it puts American-invented, American-made film at the center of a global market that grids, data centers, and defense systems depend on.”

U.S.-made film for the grid and defense

Peak Nano makes thin plastic film used inside capacitors that store and release an electric field in the power grid, data centers, fusion energy, industrial power and defense systems. The company said NanoPlex HDC is a drop-in film engineered with multiple polymers at the nanoscale, and that it is the only U.S. manufacturer of nanolayer dielectric film. The technology grew out of research at Case Western Reserve University, developed with DARPA and the U.S. Naval Research Laboratory.

Christian Renners, Davis-Standard business unit president said:

“This line is a first-of-a-kind for Davis-Standard, as we partner with Peak Nano to deliver our first full-scale production line built for nanolayered films for dielectrics, medical, and food applications. Our teams have worked side by side with Peak Nano since they commissioned the first Davis-Standard line in 2022, and this system takes that work to production scale.”