On March 2, SAERTEX multiCom, a subsidiary of Germany's SAERTEX Group, announced that its SAERTEX multiCom LP company will invest 20 million US dollars to build a new plant near the former Huntersville plant in North Carolina.
"According to the Group's global development strategy, continuous investment in North America is one of the key factors for the company's success." Said Kai Diecks, general manager of SAERTEX MultiCom, "The location advantage of the new plant will allow us to expand our existing production capacity for better To serve existing customers, improve warehouse management and logistics support capabilities. "
To this end, the local government of Mecklenburg, North Carolina, states that it will provide about $ 340,000 in funding over the next five years.
"For Satex, close to customers, close to the market, close to partners is the company's consistent philosophy." SAERTEX multiCom LP general manager Mark Hallett said, "The new plant will be mainly responsible for the production of in-situ cured glass fiber reinforced pipes Lining repair materials, while developing new products for the North American infrastructure market. "
SAERTEX multiCome is a member of Satex Group. It is the world's leading manufacturer of in-situ cured pipe materials for ultraviolet light. It provides lining materials for municipal water supply, drainage, wastewater treatment pipes and other pressure pipe products. SAERTEX multiCom LP company Started operations in Mecklenburg, North Carolina, USA.