AHLSTROM-MUNKSJÖ OYJ PRESS RELEASE JANUARY 31, 2022 at 14:00 EET
Ahlstrom-Munksjö has signed the majority of the main contracts for civil works and machinery to build a new glass fiber tissue line facility located in Madisonville, Kentucky, U.S. The construction of the building will start in February 2022. The building and civil works are scheduled to be fully completed in summer 2023. The location of the new building is next to the existing Ahlstrom-Munksjö production site developing and producing filtration materials for transportation and industrial applications.
“The positive progress with this new investment demonstrates our commitment to customers in North America. By expanding our geographical footprint, we will be well positioned to support our customers, today and tomorrow,” said Pekka Helynranta, VP Glass Fiber Tissue business.
“Additionally, the investment indicates our significant commitment to Madisonville, Hopkins County, where the creation of more than 50 high quality jobs is extremely positive news for the area,” adds Willy Bordignon, VP Filtration Americas.
This $68 million (USD) investment is a major step ahead in Ahlstrom-Munksjö’s global growth strategy in glass fiber tissue markets. The new line will produce a full range of glass fiber tissue nonwovens, with a main focus on Luxury Vinyl Tiles and Vinyl sheet materials for the flooring industry of North America. This line represents state-of-the-art foam forming glass fiber tissue technology, and the customer deliveries from the new line are expected to start in mid-2023.
For further information, please contact:
Pekka Helynranta, Vice President, Glass Fiber Tissue business, tel. +358 50 571 0458
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering includes filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 2.7 billion and we employ some 7,800 people. Read more at www.ahlstrom-munksjo.com