Ahlstrom, a global high performance materials company, will invest into additional capacity in transportation filtration materials at its site in Louveira, Brazil. The investment will be completed in the first quarter of 2012.
"We have been pleased to grow with our key customers and as a commitment to the filtration business we are expanding the operation. This is another important step in our global growth roadmap where we have strengthened our global platform in Europe, Asia, and now in South America. We will continue to keep our focus on our markets in all four geographies - enabling Ahlstrom to be a global supplier in the filtration market with a full offering of filter media", states Gary Blevins, Vice President, Transportation Filtration.
Ahlstrom is a 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.