|  
Building products» More news on Building products

IFN-Holding to invest around €250m until 2025

03.06.2021 − 

IFN-Holding, operative in the fields of windows, doors, facades and sun shading, has adopted a new investment package of approximately €250m. The measures are to be implemented by 2025. In 2020 the company invested about €27m and in the preceding year approximately €29m. In total, IFN has spent around €155m in the development of its subsidiaries since 2015.

Approximately €130m alone are to be invested in the expansion and modernization of the three manufacturing plants of the Austrian subsidiary Internorm International. Parts of the planned projects have already been initiated or are to be launched in the course of the current year. At the Lannach site where Internorm manufactures wood aluminium windows and custom-made products a new high-bay warehouse is to be built as a first step. Moreover, the company plans to invest in the automation of machinery at the site. In the Sarleinsbach plant accomodating parts of Internorm‘s plastic windows and insulating glass production two new halls are currently being erected. A two-storey hall measuring approximately 3,000 m² is to include a processing centre on the ground floor and additional offices on the first floor.

The second hall stretching over 6,000 m² substitutes the previous warehouse, in which a new line for manufacturing lift-up sliding doors is to be installed. Commissioning of both facilities is planned for the autumn. The current year’s investment volume envisaged for Internorm amounts to €32m. In 2020, after some of the investment projecs had been stopped temporarily at the beginning of the corona crisis, the company only spent about €20m instead of the envisaged €25m.

Tags of this news:

previous − Inwido records sales increases in both divisions

Unilin set to invest in top layer production in Brasov  − next