Ahlstrom Corporation PRESS RELEASE 3.6.2011 at 12.00
Ahlstrom, a global high performance materials company, will invest into additional capacity in filtration material for gas turbine and high efficiency air applications at its site in Tampere, Finland. The investment will be completed by the end of September 2011.
'This capacity increase in Tampere is an important step for Ahlstrom's Filtration Business Area and we are committed to grow with our global customers in power generation and high efficiency air markets. We understand the importance of efficient and flawless gas turbine plant operation and we have focused on building the right product portfolio of filter media to meet these needs', states Fulvio Capussotti, Vice President, Advanced Filtration.
Ahlstrom is the leading manufacturer of filtration materials globally with 11 production sites across four continents. In 2010, the company acquired a transportation filtration plant in Binzhou, China and announced a EUR 17.5 million investment to expand capacity in Turin, Italy. The company recently announced additional investment to its plant in Louveira, Brazil.
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Ahlstrom in brief
Ahlstrom is a high performance materials company, partnering with leading businesses around the world to help them stay ahead. Our products are used in a large variety of everyday applications, such as filters, wallcovers, wipes, flooring, labels and food packaging. We have a leading market position in the businesses in which we operate. Our 5,700 employees serve customers in 26 countries on six continents. In 2010, Ahlstrom's net sales amounted to EUR 1.9 billion. The company's share is quoted on the NASDAQ OMX Helsinki. More information available at www.ahlstrom.com.
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Source: Ahlstrom Oyj via Thomson Reuters ONE