Drylock rolls on: €200 million expansion plan to add a Spanish site along with Czech plant
CLOVERDALE, CA, April 19, 2018-
Drylock Technologies will start up two new production plants in Europe this summer including a factory in Spain, not previously disclosed, along with a new site in the Czech Republic that was reported by Nonwovens Markets on February 21. The two additions are part of a new €200 million investment program being implemented by the Zele, Belgium-based company.
CEO and chairman Bart Van Malderen explained that the speed of the expansion is driven by the success of the firm’s Magical Tubes concept, with a number of major private label customers being shifted to the technology, requiring additional manufacturing capacity. Also, Drylock saw a need for a more southerly production site to join its locations in the Czech Republic, Russia and Milan, Italy.
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