Monolith establishing HQ in Lincoln, Nebraska

According to the Lincoln Journal Star, Monolith Materials has announced plans to establish a manufacturing headquarters in Lincoln, Nebraska. Monolith is a California-based startup that plans to build a new $50M carbon black plant in Hallam, NE in cooperation with Nebraska Public Power. The new plant will produce carbon black from natural gas and provide by-product hydrogen as fuel for a converted coal-based burner at the site. Phase 1 of the plant recently broke ground and startup is expected by mid 2018.

In the original plan, only the plant would be located in Nebraska, but Monolith recently announced plans to establish a manufacturing headquarter in downtown Lincoln by November 1. The company plans to hire 50 people for the first phase, adding another 50-100 employees for the second phase of the project.