According to its statement, Munters is acquiring an adjoining site and plans new production lines, research capacity and testing facilities over the coming year. The extra capacity has not been announced as already operational.
The group also announced a $9.5 million investment for a 45% stake in a US joint venture with Lordan to make heat-exchanger coils near Selma, Texas. Production there is expected in twelve to eighteen months. These industrial commitments are distinct from completed deliveries.