Ahlstrom will invest in additional capacity in transportation filtration material at its site in Turin, Italy. The total investment is about €17.5 million; it will be completed in the fourth quarter of 2012.
Tommi Björnman, executive vice president, Filtration, said, "We have been pleased to grow with our key customers and, as a commitment to the filtration business, we are expanding the operation with state-of-the-art equipment. This is an important step in our global growth roadmap where we have strengthened our global platform first in Asia and now in Europe. We will also continue to keep our focus on the Americas—both North and South America—hence being a global supplier in the filtration market with a full offering of filter media."
In September, Ahlstom boosted its transportation filtration business throughthe acquisition of a transportation filtration material plant in Binzhou, China.
Ahlstrom Adds To Transportation Filtration Business
Published December 22, 2010