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The manufacturer of glass fiber products, confirmed its plans to expand current fiber production capacities in its Trnava, Slovakia facility. The €50 million investment involves replacing and expanding a furnace, which is expected to be operational by the end of September 2012. Products from this manufacturing process are used to reinforce both engineered thermoset and thermoplastic polymers in addition to supplying internal demand.
Enno Henze, vice president and general manager for Engineered Products Europe/Asia stated, “Over the last couple of years we have focused our research and development activities on enhancing our product portfolio of chopped strands for the reinforcement of thermoplastic polymers. And the efforts are truly paying off as our products are recognized for their leading performance, resetting industry standards in specific applications and driving strong demand for our products.”
This new melting capacity follows JM’s 2004 investment in direct roving and chopped strands capacity at its Trnava, Slovakia site. Industrial glass fiber melters have been mostly discontinued in the last three years in Europe and this investment in new technology enables JM to continue to meet European market needs.
"We are committed to supporting our customers’ innovative growth in preparation for an improved economy in the second half of this year. This substantial investment highlights our drive to enhance customer relationships, product innovation and service excellence," said Henze.
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors and wind energy. In business since 1858, the Denver-based company has annual sales of approximately $2.5 billion and holds leadership positions in all of the key markets that it serves. JM employs approximately 6,600 people and operates 40 manufacturing facilities in North America, Europe and China.
More information: www.jmfibers.com