Ahlstrom will invest into additional capacity in transportation filtration material at its site in Turin, Italy. The total investment is approximately EUR 17.5 million and it will be completed in the fourth quarter of 2012.
Tommi Björnman, Executive Vice President, Filtration, states on the investment.
"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."
Ahlstrom is a leading manufacturer of filtration materials with 11 production sites across four continents. The company acquired in September a transportation filtration material plant in Binzhou, China.
