Ahlstrom-Munksjö announces investment in filtration and energy storage applications
HELSINKI, January 16, 2020-
Ahlstrom-Munksjö has completed the initial analysis and design phase of its ongoing project to strengthen manufacturing platform for high performance filtration and energy storage applications. In response to growing customer demand, the company has now decided to proceed with the second phase of the project, which consists of a significant expansion of its micro glass capacity and a further growth in industrial filtration capacity. Actions in the second phase include:
“The investment supports Ahlstrom-Munksjö’s strategic ambition to maintain a leading position in selected niches of the global fiber-based solutions market that offer positive growth outlook and are supported by sustainable market drivers,” says Daniele Borlatto, Executive Vice President of Filtration & Performance Solutions business area. “The company has responded to growing customer demand by successively expanding its filtration manufacturing capabilities globally through several new and expansionary investments in the past few years.”
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