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    Sales Reports

    Hollingsworth & Vose

    ...

    Hollingsworth & Vose
    09.11.23
    Walpole, MA
    www.hollingsworth-vose.com
    2022 Nonwoven Sales: $729 million


    Key Personnel
    Josh Ayer, president and CEO; James Noonan, vice president and CFO; Mike Clark, president, Filtration Solutions; Nick Starita, president, Energy Solutions; Angela DiNisco, vice president & chief human resources officer; Mark Freeman, vice president & general counsel; Dave Healey, vice president, Global Technology; Jochem Hofstetter, vice president, managing director, Europe, Middle East & Africa; Schuyler Hollingsworth, vice president of Global Marketing & Communications; Tim Li, vice president, managing director, Asia Pacific; Suzanne Rotherham, vice president & managing director Americas; Kevin Schmidt, vice president Global Operations

    Plants
    Apizaco, Mexico; Corvallis, OR; East Walpole, MA; Easton, NY; Floyd, VA; Greenwich, NY; Hatzfeld, Germany; Hawkinsville, GA; Kentmere, U.K.; Mysuru, India; Suzhou, China; West Groton, MA; Winchcombe, U.K.

    Processes
    Wetlaid, meltblown, carded thermal bonded (point and flat calendered), latex bonded, through-air bonded, needlepunch, thermal lamination, aqueous and solvent-based saturation, nanofiber-webs, composites, webs incorporating functional particles

    Thanks to strong price performance across its energy solutions and air and liquid filtration business, Hollingsworth & Vose reported record sales of $729 million in 2022 and continues to see positive trends for its product solutions across multiple industries.

    Making headlines this year was the company’s announcement it was adding new capacity in Floyd, VA. Announced in January 2023, the investment, which is valued at $40 million, will add more than 28,000 square feet to an existing facility to accommodate new production equipment to meet increased demand.

    “H&V’s expansion in Virginia builds off of the long-running need for more synthetic porous materials, and does so in a market that H&V sees as a growth area—liquid filtration,” says Mike Clark, president—Filtration Solutions. “The expansion will be complete by the fourth quarter of 2024 and is focused on extending H&V’s product portfolio for buyers in the food, beverage, water and biopharmaceutical space.”

    In other investment news, H&V is also in the process of a major plant expansion in Hatzfeld, Germany, where it is adding two new production lines to increase its capabilities and capacity for next- generation synthetic filter media.

    Also in Hatzfeld, H&V completed work on a line dedicated to the production of Technostat electret filtration media at the end of 2021 to better serve the European market. Technostat continues to be a leading technology for commercial and residential HVAC filtration, cabin air and medical applications and respirators.

    “Technostat has seen many technological improvements over the years and continues to be the highest-performing electret filter media,” Clark says. “ The product line demonstrates superior dust-holding capacity and low pressure drop. Technostat is offered in various weights to meet the desired efficiency.”

    H&V also products Technostat technology at its sites in Virginia and Kentmere, U.K.

    H&V’s NanoWave product line is also made in both Europe and the U.S. for commercial HVAC systems. The NanoWave product line is designed for pocket filters and 1” depth panel filters. Furthermore, the technology has demonstrated industry-leading service life and the lowest pressure drop to reduce the HVAC’s energy consumption.

    “Demand for filtration solutions continues to grow as air and liquid filtration contributes to health, safety and productivity,” Clark says. “Two general filtration industry trends that are changing the market are increased levels of filtration (higher standards and increased regulations) and increased energy efficiency and higher flow rates. H&V’s advanced filtration solutions provide the highest levels of filtration efficiency with the lowest pressure drop, which means that our products can filter out more contaminants with less energy and higher flow rates.”

    “H&V’s broad product portfolio has been designed to meet the global market needs. The portfolio has been developed to serve demand today, and H&V continuously innovates for tomorrow,” Clark says. “H&V offers both electret and mechanical filtration solutions to support application and local regional needs. Further, we partner with customers to tailor solutions for company-specific requirements.”

    Beyond filtration, energy solutions continues to be an important growth market for H&V. In 2022, H&V announced it would invest in new wetlaid capacity at its Mysuru, India plant, doubling manufacturing capacity to produce battery separators that serve the South Asia and Global markets. H&V acquired the Indian site in 2014 when it purchased Raman Fibrescience. The facility specializes in developing innovations in fiber-based, wetlaid filtration media and battery separators and was a natural complement to H&V’s existing business. Today in Mysuru, H&V produces battery separator products that are used in a variety of energy storage applications.

    “Like other regions of the world, India is investing in cleaner modes of transportation,” reports Nick Starita, president, Energy Solutions. “This increases the demand for advanced batteries as transportation becomes electrified and less reliant on fossil fuels.”

    The investment more than doubles the capacity to serve the global market and is an exciting opportunity to strengthen its on-the-ground presence in India and it will enable H&V to further support the global transition to clean and sustainable energy storage solutions.

    H&V manufactures Hi-Sep battery separators in Mysuru which are integral in industrial and automotive applications. Hi-Sep technology also serves a niche in applications such as electric rickshaws, back-up power and industrial forklifts. Electric rickshaws are popular across Asia and are a growing form of transportation.

    “Global investments in clean energy, emissions-free vehicles and the digital economy are driving the need for advanced batteries and high-quality battery components, like separators,” Starita says.

    Hi-Sep is a battery separator made from synthetic and glass fibers that outperforms more traditional separators that used gel VRLA and flooded battery applications. Its unique composition makes it an excellent replacement for other commonly used separator materials, such as PE, PVC and phenolic resin. Hi-Sep is especially valuable in extending battery life in hot climates.
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