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Ahlstrom-Munksjö eyeing a new line for LVT backing

25.05.2021 − 

Ahlstrom-Munksjö has revealed that its Filtration & Performance Solutions division intends to start making glass-fibre backing for luxury vinyl tile (LVT) production in the US, too, starting in mid-2023. Under plans unveiled on 10 May, the firm will invest roughly €58m in installing a new production line in Madisonville, Kentucky. The company already operates a facility making filter materials for use in transport and industrial applications there. Local authorities have already made available the land needed for this expansion work. Ahlstrom-Munskjö said that the new line would create around 50 jobs.

By making this investment, Ahlstrom-Munksjö hopes to participate in the ongoing expansion of US design flooring and LVT capacity. Pekka Helynranta, the vice president of the Glass Fiber Tissue business, noted that the North American flooring materials market was growing at an annual rate of 5%; even stronger annual growth of 11% is expected in the LVT sector.

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