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Investing.com -- Munters, a global leader in energy-efficient air treatment solutions, revealed plans today to invest SEK 250m in the expansion and modernization of its Tobo facility in Sweden.
The investment is aimed at enhancing manufacturing efficiency within the company’s AirTech division.
The Tobo factory, which primarily manufactures dehumidifying rotors and related materials for the battery and food production sectors, will now also produce the humidification medium GLASdek. Previously, GLASdek was only manufactured in Mexico. Even with the current challenges facing the battery market, Munters remains positive about the long-term demand.
The company’s strategy includes making the Tobo facility the European hub for GLASdek production. This will allow the company to further develop its service and component business with new high-quality products that can be brought to market more quickly and efficiently.
The planned investment includes the introduction of automated production lines and a 9,000 m² expansion. This is expected to nearly double the current size of the facility. The entire project is anticipated to be fully completed by 2026.
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