Ahlstrom-Munksjö Investing EUR 28 Million in Its Filtration Business
June 19, 2018 - Ahlstrom-Munksjö announced that it will invest about EUR 28 million to increase manufacturing capacity of its filtration business. The investment primarily targets the company's filtration production facility in Turin, Italy.
“This investment will enable us to create additional capacity in Turin, Italy, and will allow us to support growing demand for high-end filtration materials,” said Fulvio Capussotti, Executive Vice President of Business Area Filtration and Performance. “Turin is already Ahlstrom-Munksjö's largest plant globally and this investment will further consolidate our position as one of the leading global platforms for high-performance filtration material development and production.
“This investment also includes rebuilding and modification of our existing plants in Malmedy, Belgium and in Ställdalen, Sweden. We see an opportunity to use the remaining capacity of these two plants to develop unique filtration solutions for industrial applications, without affecting our ability to serve and support our existing customers at these plants,” Capussotti added.
The project will start in 2018 and is expected to be completed during the first half of 2020.
Ahlstrom-Munksjö's Filtration and Performance business area develops and produces filtration materials for transportation as well as industrial applications. It also produces glass fiber for flooring products and wind turbine blades and makes nonwoven materials for automotive, construction, textile and hygiene applications and wallcover materials.
Ahlstrom-Munksjö is a global leader in fiber-based materials. The company's offerings include decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical paper, glass fiber materials, food packaging and labeling, tape, medical fiber materials and solutions for diagnostics. To learn more, please visit: www.ahlstrom-munksjo.com.