Brief: Knaus Tabbert Invests 50 Mln In Capacity Expansion At Jandelsbrunn Site

Knaus Tabbert AG

14/10/2021 10:53

Oct 14 (Reuters) - KNAUS TABBERT AG  KTAG.DE :
    * INVESTS 50 MILLION IN CAPACITY EXPANSION AT JANDELSBRUNN
SITE
    * EXPANSION OF PRODUCTION CAPACITIES FOR SALES GROWTH TO 2
BILLION
EUROS BY 2025
    * IMPLEMENTATION OF ANNOUNCED INVESTMENT PROGRAM ON PLAN
    * AIMS TO ACHIEVE ITS MEDIUM-TERM GROWTH TARGETS
    * SAYS STARTING IN Q4 OF 2022, NEW PRODUCTION HALL WILL
MANUFACTURE SIDE WALLS, ROOFS, FLOORS, AND FRONT AND REAR PARTS
    * AS PART OF ITS CORPORATE STRATEGY, HAS SET GOAL OF
INCREASING
SALES REVENUES FROM CURRENT LEVEL OF AROUND 800 MILLION EUROS
(2020) TO AROUND 2 BILLION

Source text for Eikon:  ID:nEQ4qW0NKa 
Further company coverage:  KTAG.DE 

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