HELSINKI, May 10, 2021-

Ahlstrom-Munksjö will invest EUR 58 million in a new glass fiber tissue production line in the U.S. to support the flooring industry in North America. The investment will further strengthen the company’s position as a leading global supplier of high performance materials. The new line will produce a full range of glass fiber tissue nonwovens with a main focus on Luxury Vinyl Tiles and Vinyl sheet materials. Customer deliveries from the new line are expected to start in mid-2023.

"The investment in this new state-of-the-art foam forming glass fiber in the U.S. is a major step in Ahlstrom-Munksjö's global growth strategy in glass fiber tissue market. In combination with our existing plants in Finland and Russia, this new plant will further strengthen our leadership in this field by consolidating our global position in flooring applications but also by giving us a unique platform to expand into other glass fiber tissue applications," says Hans Sohlström, President & CEO of Ahlstrom-Munksjö.

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